v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Beginning balance (in Shares) at Dec. 31, 2023   20,405,000    
Beginning balance at Dec. 31, 2023 $ 421,595 $ 20 $ 279,112 $ 142,463
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Share-based compensation expense 1,692   1,692  
Repurchased shares for tax withholding (in Shares)   (5,000)    
Repurchased shares for tax withholding (106)   (106)  
Dividends declared (7,329)     (7,329)
Net income 18,758     18,758
Ending balance (in Shares) at Mar. 31, 2024   20,400,000    
Ending balance at Mar. 31, 2024 434,610 $ 20 280,698 153,892
Beginning balance (in Shares) at Dec. 31, 2023   20,405,000    
Beginning balance at Dec. 31, 2023 421,595 $ 20 279,112 142,463
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Dividends declared (15,100)      
Net income 52,306      
Ending balance (in Shares) at Jun. 30, 2024   21,560,000    
Ending balance at Jun. 30, 2024 489,032 $ 21 309,341 179,670
Beginning balance (in Shares) at Mar. 31, 2024   20,400,000    
Beginning balance at Mar. 31, 2024 434,610 $ 20 280,698 153,892
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Share-based compensation expense (in shares)   147,000    
Share-based compensation expense 3,281   3,281  
Repurchased shares for tax withholding (in Shares)   (2,000)    
Repurchased shares for tax withholding (52)   (52)  
Issuance of common shares, net (in Shares)   1,015,000    
Issuance of common shares, net 25,415 $ 1 25,414  
Dividends declared (7,770)     (7,770)
Net income 33,548     33,548
Ending balance (in Shares) at Jun. 30, 2024   21,560,000    
Ending balance at Jun. 30, 2024 $ 489,032 $ 21 309,341 179,670
Beginning balance (in Shares) at Dec. 31, 2024 21,482,555 21,483,000    
Beginning balance at Dec. 31, 2024 $ 510,615 $ 21 310,232 200,362
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Share-based compensation expense (in shares)   404,000    
Share-based compensation expense 1,369   1,369  
Repurchased shares for tax withholding (in Shares)   (2,000)    
Repurchased shares for tax withholding (72)   (72)  
Dividends declared (8,162)     (8,162)
Net income 28,633     28,633
Ending balance (in Shares) at Mar. 31, 2025   21,885,000    
Ending balance at Mar. 31, 2025 $ 532,383 $ 21 311,529 220,833
Beginning balance (in Shares) at Dec. 31, 2024 21,482,555 21,483,000    
Beginning balance at Dec. 31, 2024 $ 510,615 $ 21 310,232 200,362
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Dividends declared (16,500)      
Net income $ 59,103      
Ending balance (in Shares) at Jun. 30, 2025 22,045,608 22,046,000    
Ending balance at Jun. 30, 2025 $ 556,881 $ 22 313,908 242,951
Beginning balance (in Shares) at Mar. 31, 2025   21,885,000    
Beginning balance at Mar. 31, 2025 532,383 $ 21 311,529 220,833
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Share-based compensation expense (in shares)   171,000    
Share-based compensation expense 2,685 $ 1 2,684  
Repurchased shares for tax withholding (in Shares)   (10,000)    
Repurchased shares for tax withholding (305)   (305)  
Dividends declared (8,352)     (8,352)
Net income $ 30,470     30,470
Ending balance (in Shares) at Jun. 30, 2025 22,045,608 22,046,000    
Ending balance at Jun. 30, 2025 $ 556,881 $ 22 $ 313,908 $ 242,951