v3.25.2
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss), Net of Deferred Income Tax
Retained Earnings
Treasury Stock Common
Class A Common Shares
Class A Common Shares
Common Stock
Class A Common Shares
Treasury Stock Common
Class A Common Shares Designated As Class A-2 Common Shares
Fox Paine & Company, LLC.
Common Stock
Series A Cumulative Fixed Rate Preferred Shares
Preferred Stock
Class B Common Shares
Common Stock
Number at Dec. 31, 2023             11,042,670     4,000 3,793,612
Number of treasury shares at Dec. 31, 2023         1,271,241            
Class A common shares purchased               16,527      
Common shares issued             65,182   0    
Common shares issued to directors             50,590        
Number of treasury shares at Jun. 30, 2024         1,287,768            
Number at Jun. 30, 2024             11,158,442     4,000 3,793,612
Balance at Dec. 31, 2023   $ 454,791 $ (22,863) $ 244,988 $ (32,163)         $ 4,000  
Class A common shares purchased, at cost               $ (529)      
Other comprehensive income:                      
Change in unrealized holding gains     4,833                
Unrealized foreign currency translation gains (losses) $ (21)   (21)                
Other comprehensive income, net of tax 4,812   4,812                
Net income 21,459     21,459              
Preferred share distributions (220)     (220)              
Dividends/ Distribution to shareholders       (9,544)              
Share compensation plans   2,759                  
Balance at Jun. 30, 2024 667,490 457,550 (18,051) 256,683 $ (32,692)         $ 4,000  
Number at Mar. 31, 2024             11,082,004     4,000 3,793,612
Number of treasury shares at Mar. 31, 2024         1,271,241            
Class A common shares purchased               16,527      
Common shares issued             51,293   0    
Common shares issued to directors             25,145        
Number of treasury shares at Jun. 30, 2024         1,287,768            
Number at Jun. 30, 2024             11,158,442     4,000 3,793,612
Balance at Mar. 31, 2024   456,179 (19,995) 251,474 $ (32,163)         $ 4,000  
Class A common shares purchased, at cost               $ (529)      
Other comprehensive income:                      
Change in unrealized holding gains     1,897                
Unrealized foreign currency translation gains (losses) 47   47                
Other comprehensive income, net of tax 1,944   1,944                
Net income 10,093     10,093              
Preferred share distributions (110)     (110)              
Dividends/ Distribution to shareholders       (4,774)              
Share compensation plans   1,371                  
Balance at Jun. 30, 2024 667,490 457,550 (18,051) 256,683 $ (32,692)         $ 4,000  
Number at Dec. 31, 2024             11,202,355     4,000 3,793,612
Number of treasury shares at Dec. 31, 2024         1,287,768 1,287,768          
Class A common shares purchased               0      
Common shares issued             0   550,000    
Common shares issued to directors             38,129        
Number of treasury shares at Jun. 30, 2025         1,287,768 1,287,768          
Number at Jun. 30, 2025             11,790,484     4,000 3,793,612
Balance at Dec. 31, 2024 689,149 459,578 (10,410) 268,673 $ (32,692)         $ 4,000  
Class A common shares purchased, at cost               $ 0      
Other comprehensive income:                      
Change in unrealized holding gains     5,694                
Unrealized foreign currency translation gains (losses) 59   59                
Other comprehensive income, net of tax 5,753   5,753                
Net income 6,355     6,355              
Preferred share distributions (220)     (220)              
Dividends/ Distribution to shareholders       (9,987)              
Share compensation plans   4,238                  
Balance at Jun. 30, 2025 695,288 463,816 (4,657) 264,821 $ (32,692)         $ 4,000  
Number at Mar. 31, 2025             11,768,844     4,000 3,793,612
Number of treasury shares at Mar. 31, 2025         1,287,768            
Class A common shares purchased               0      
Common shares issued             0   0    
Common shares issued to directors             21,640        
Number of treasury shares at Jun. 30, 2025         1,287,768 1,287,768          
Number at Jun. 30, 2025             11,790,484     4,000 3,793,612
Balance at Mar. 31, 2025   463,072 (6,913) 259,584 $ (32,692)         $ 4,000  
Class A common shares purchased, at cost               $ 0      
Other comprehensive income:                      
Change in unrealized holding gains     2,133                
Unrealized foreign currency translation gains (losses) 123   123                
Other comprehensive income, net of tax 2,256   2,256                
Net income 10,344     10,344              
Preferred share distributions (110)     (110)              
Dividends/ Distribution to shareholders       (4,997)              
Share compensation plans   744                  
Balance at Jun. 30, 2025 $ 695,288 $ 463,816 $ (4,657) $ 264,821 $ (32,692)         $ 4,000