v3.25.2
Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Capital Surplus [Member]
Retained Earnings [Member]
Treasury Stock, Common
Accumulated Other Comprehensive Income (Loss) [Member]
Total Shareholders' Equity [Member]
Non-Controlling Interests [Member]
Balance, beginning of period (in shares) at Dec. 31, 2023   76,593,000            
Treasury stock balance, beginning of period (in shares) at Dec. 31, 2023         11,626,000      
Balance, beginning of period at Dec. 31, 2023 $ 5,145,419 $ 5 $ 1,406,745 $ 5,211,512 $ (876,720) $ (599,100) $ 5,142,442 $ 2,977
Net income 247,426     247,416     247,416 10
Other comprehensive income (loss) (6,402)         (6,402) (6,402)  
Repurchase of common stock (in shares)         1,029,000      
Repurchase of common stock (89,779)       $ (89,779)   (89,779)  
Non-vested shares awarded, net (in shares)   230,000            
Vesting of non-vested shares (in shares)         40,000      
Vesting of non-vested shares (3,630)       $ (3,630)   (3,630)  
Share-based compensation 10,062   10,062       10,062  
Cash dividends on common stock (70,979)     (70,979)     (70,979)  
Capital calls and distributions, net (147)             (147)
Balance, end of period (in shares) at Jun. 30, 2024   76,823,000            
Treasury stock balance, end of period (in shares) at Jun. 30, 2024         12,695,000      
Balance, end of period at Jun. 30, 2024 5,231,970 $ 5 1,416,807 5,387,949 $ (970,129) (605,502) 5,229,130 2,840
Balance, beginning of period (in shares) at Mar. 31, 2024   76,793,000            
Treasury stock balance, beginning of period (in shares) at Mar. 31, 2024         12,278,000      
Balance, beginning of period at Mar. 31, 2024 5,131,635 $ 5 1,411,293 5,259,646 $ (932,065) (610,128) 5,128,751 2,884
Net income 163,732     163,713     163,713 19
Other comprehensive income (loss) 4,626         4,626 4,626  
Repurchase of common stock (in shares)         412,000      
Repurchase of common stock (37,626)       $ (37,626)   (37,626)  
Non-vested shares awarded, net (in shares)   30,000            
Vesting of non-vested shares (in shares)         5,000      
Vesting of non-vested shares (438)       $ (438)   (438)  
Share-based compensation 5,514   5,514       5,514  
Cash dividends on common stock (35,410)     (35,410)     (35,410)  
Capital calls and distributions, net (63)             (63)
Balance, end of period (in shares) at Jun. 30, 2024   76,823,000            
Treasury stock balance, end of period (in shares) at Jun. 30, 2024         12,695,000      
Balance, end of period at Jun. 30, 2024 $ 5,231,970 $ 5 1,416,807 5,387,949 $ (970,129) (605,502) 5,229,130 2,840
Balance, beginning of period (in shares) at Dec. 31, 2024   76,818,000            
Treasury stock balance, beginning of period (in shares) at Dec. 31, 2024 12,696,308       12,696,000      
Balance, beginning of period at Dec. 31, 2024 $ 5,550,957 $ 5 1,429,628 5,592,100 $ (970,340) (503,040) 5,548,353 2,604
Net income 259,841     259,795     259,795 46
Other comprehensive income (loss) 214,030         214,030 214,030  
Repurchase of common stock (in shares)         673,000      
Repurchase of common stock (63,795)       $ (63,795)   (63,795)  
Non-vested shares awarded, net (in shares)   217,000            
Vesting of non-vested shares (in shares)         55,000      
Vesting of non-vested shares (6,176)       $ (6,176)   (6,176)  
Share-based compensation 11,698   11,698       11,698  
Cash dividends on common stock (73,017)     (73,017)     (73,017)  
Capital calls and distributions, net $ (182)             (182)
Balance, end of period (in shares) at Jun. 30, 2025   77,035,000            
Treasury stock balance, end of period (in shares) at Jun. 30, 2025 13,423,970       13,424,000      
Balance, end of period at Jun. 30, 2025 $ 5,893,356 $ 5 1,441,326 5,778,878 $ (1,040,311) (289,010) 5,890,888 2,468
Balance, beginning of period (in shares) at Mar. 31, 2025   77,015,000            
Treasury stock balance, beginning of period (in shares) at Mar. 31, 2025         12,753,000      
Balance, beginning of period at Mar. 31, 2025 5,774,378 $ 5 1,435,498 5,675,409 $ (976,756) (362,343) 5,771,813 2,565
Net income 140,070     140,018     140,018 52
Other comprehensive income (loss) 73,333         73,333 73,333  
Repurchase of common stock (in shares)         663,000      
Repurchase of common stock (62,801)       $ (62,801)   (62,801)  
Non-vested shares awarded, net (in shares)   20,000            
Vesting of non-vested shares (in shares)         8,000      
Vesting of non-vested shares (754)       $ (754)   (754)  
Share-based compensation 5,828   5,828       5,828  
Cash dividends on common stock (36,549)     (36,549)     (36,549)  
Capital calls and distributions, net $ (149)             (149)
Balance, end of period (in shares) at Jun. 30, 2025   77,035,000            
Treasury stock balance, end of period (in shares) at Jun. 30, 2025 13,423,970       13,424,000      
Balance, end of period at Jun. 30, 2025 $ 5,893,356 $ 5 $ 1,441,326 $ 5,778,878 $ (1,040,311) $ (289,010) $ 5,890,888 $ 2,468