v3.25.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Preferred Stock
2024 Preferred Stock ATM Program
Preferred Stock
Common Stock
2024 ATM Program
Common Stock
Additional Paid-In Capital
2024 Preferred Stock ATM Program
Additional Paid-In Capital
2024 ATM Program
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income
2024 Preferred Stock ATM Program
2024 ATM Program
Total
Balance at Dec. 31, 2023   $ 30   $ 226     $ 168,435 $ 281,944 $ 6,891     $ 457,526
Increase (decrease) in shareholders' equity                        
Net Income (Loss) Attributable to the Company               7,025       7,025
Stock Repurchase             (664)         (664)
Vested Restricted Stock and Performance Shares       1     (1,275)         (1,274)
Stock Issuance to Directors             469         469
Stock Issuance, Net of Costs and Expenses $ 17   $ 4   $ 32,979 $ 6,292       $ 32,996 $ 6,296  
Stock-Based Compensation Expense             1,646         1,646
Preferred Stock Dividends Declared for the Period               (3,058)       (3,058)
Common Stock Dividends Declared for the Period               (17,642)       (17,642)
Other Comprehensive Income (Loss)                 8,495     8,495
Balance at Jun. 30, 2024   47   231     207,882 268,269 15,386     491,815
Balance at Dec. 31, 2023   30   226     168,435 281,944 6,891     457,526
Balance at Dec. 31, 2024   47   317     367,828 232,089 12,517     612,798
Balance at Mar. 31, 2024   30   229     169,924 277,654 14,404     462,241
Increase (decrease) in shareholders' equity                        
Net Income (Loss) Attributable to the Company               1,183       1,183
Stock Issuance to Directors             89         89
Stock Issuance, Net of Costs and Expenses $ 17   $ 2   $ 32,979 $ 4,230       $ 32,996 $ 4,232  
Stock-Based Compensation Expense             660         660
Preferred Stock Dividends Declared for the Period               (1,871)       (1,871)
Common Stock Dividends Declared for the Period               (8,697)       (8,697)
Other Comprehensive Income (Loss)                 982     982
Balance at Jun. 30, 2024   47   231     207,882 268,269 15,386     491,815
Balance at Dec. 31, 2024   47   317     367,828 232,089 12,517     612,798
Increase (decrease) in shareholders' equity                        
Net Income (Loss) Attributable to the Company               (21,157)       (21,157)
Stock Repurchase             (37)         (37)
Vested Restricted Stock and Performance Shares       1     (1,035)         (1,034)
Stock Issuance to Directors             490         490
Payment of Equity Issuance Costs             (75)         (75)
Stock Issuance, Settlement of 2025 Notes       11     21,037         21,048
Stock-Based Compensation Expense             1,795         1,795
Preferred Stock Dividends Declared for the Period               (3,756)       (3,756)
Common Stock Dividends Declared for the Period               (24,814)       (24,814)
Other Comprehensive Income (Loss)                 (11,196)     (11,196)
Balance at Jun. 30, 2025   47   329     390,003 182,362 1,321     574,062
Balance at Mar. 31, 2025   47   318     368,000 220,272 5,246     593,883
Increase (decrease) in shareholders' equity                        
Net Income (Loss) Attributable to the Company               (23,418)       (23,418)
Stock Repurchase             (37)         (37)
Stock Issuance to Directors             89         89
Stock Issuance, Settlement of 2025 Notes       11     21,037         21,048
Stock-Based Compensation Expense             914         914
Preferred Stock Dividends Declared for the Period               (1,878)       (1,878)
Common Stock Dividends Declared for the Period               (12,614)       (12,614)
Other Comprehensive Income (Loss)                 (3,925)     (3,925)
Balance at Jun. 30, 2025   $ 47   $ 329     $ 390,003 $ 182,362 $ 1,321     $ 574,062