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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Class A Common Stock
Common Stock.
Class A Common Stock
Class B Common Stock
Common Stock.
Class B Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Total
Balance at Dec. 31, 2022 $ 78   $ 0   $ 71,664 $ 143,896 $ (37,109) $ 178,529
Balance (in shares) at Dec. 31, 2022 7,867 7,867 0 0        
Net Income (Loss) $ 0   $ 0   0 920 0 920
Dividends declared per common share 0   0   0 (1,531) 0 (1,531)
Compensation expense related to restricted stock awards 0   0   245 0 0 245
401(k) plan contribution 0   0   (185) 0 441 256
Balance at Mar. 31, 2023 $ 78   $ 0   71,724 143,285 (36,668) 178,419
Balance (in shares) at Mar. 31, 2023 7,867   0          
Balance at Dec. 31, 2022 $ 78   $ 0   71,664 143,896 (37,109) 178,529
Balance (in shares) at Dec. 31, 2022 7,867 7,867 0 0        
Net Income (Loss)               6,999
Balance at Sep. 30, 2023 $ 78   $ 0   72,222 146,303 (36,668) 181,935
Balance (in shares) at Sep. 30, 2023 7,867   0          
Balance at Mar. 31, 2023 $ 78   $ 0   71,724 143,285 (36,668) 178,419
Balance (in shares) at Mar. 31, 2023 7,867   0          
Net Income (Loss) $ 0   $ 0   0 3,350 0 3,350
Dividends declared per common share 0   0   0 (1,531) 0 (1,531)
Compensation expense related to restricted stock awards 0   0   248 0 0 248
Balance at Jun. 30, 2023 $ 78   $ 0   71,972 145,104 (36,668) 180,486
Balance (in shares) at Jun. 30, 2023 7,867   0          
Net Income (Loss) $ 0   $ 0   0 2,729 0 2,729
Dividends declared per common share 0   0   0 (1,530) 0 (1,530)
Compensation expense related to restricted stock awards 0   0   250 0 0 250
Balance at Sep. 30, 2023 $ 78   $ 0   72,222 146,303 (36,668) 181,935
Balance (in shares) at Sep. 30, 2023 7,867   0          
Balance at Dec. 31, 2023 $ 80   $ 0   72,593 134,771 (36,895) 170,549
Balance (in shares) at Dec. 31, 2023 8,007 8,007 0 0        
Net Income (Loss) $ 0   $ 0   0 (1,577) 0 (1,577)
Dividends declared per common share 0   0   0 (5,321) 0 (5,321)
Compensation expense related to restricted stock awards 0   0   453 0 0 453
401(k) plan contribution 0   0   (207) 0 475 268
Balance at Mar. 31, 2024 $ 80   $ 0   72,839 127,873 (36,420) 164,372
Balance (in shares) at Mar. 31, 2024 8,007   0          
Balance at Dec. 31, 2023 $ 80   $ 0   72,593 134,771 (36,895) 170,549
Balance (in shares) at Dec. 31, 2023 8,007 8,007 0 0        
Net Income (Loss)               2,191
Forfeiture of restricted stock (in shares)   (1)   0        
Balance at Sep. 30, 2024 $ 80   $ 0   73,833 128,510 (36,431) 165,992
Balance (in shares) at Sep. 30, 2024 8,006 8,006 0 0        
Balance at Mar. 31, 2024 $ 80   $ 0   72,839 127,873 (36,420) 164,372
Balance (in shares) at Mar. 31, 2024 8,007   0          
Net Income (Loss) $ 0   $ 0   0 2,501 0 2,501
Forfeiture of restricted stock $ 0   0   0 0 0 0
Forfeiture of restricted stock (in shares) (1)              
Dividends declared per common share $ 0   0   0 (1,566) 0 (1,566)
Compensation expense related to restricted stock awards 0   0   520 0 0 520
Balance at Jun. 30, 2024 $ 80   $ 0   73,359 128,808 (36,420) 165,827
Balance (in shares) at Jun. 30, 2024 8,006   0          
Net Income (Loss) $ 0   $ 0   0 1,267 0 1,267
Dividends declared per common share 0   0   0 (1,565) 0 (1,565)
Compensation expense related to restricted stock awards 0   0   474 0 0 474
Purchase of shares held in treasury 0   0   0 0 (11) (11)
Balance at Sep. 30, 2024 $ 80   $ 0   $ 73,833 $ 128,510 $ (36,431) $ 165,992
Balance (in shares) at Sep. 30, 2024 8,006 8,006 0 0