v3.25.4
Consolidated Statements of Changes in Redeemable Preferred Stock and Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional paid in capital
Accumulated other comprehensive income / (loss)
Treasury stock
Retained Earnings
Redeemable Preferred Stock
Total
Balance at Dec. 31, 2022 $ 426 $ 468,006 $ 1,468 $ (15,636) $ 15,135   $ 469,399
Balance (in shares) at Dec. 31, 2022 40,626,000            
Issue of common stock $ 7 (7)          
Issue of common stock (in shares) 678,000            
Share-based compensation   3,217         3,217
Changes in unrealized gain on cash flow hedges     $ (1,468)       (1,468)
Preferred dividends         (3,400)   (3,400)
Common dividends         (47,154)   (47,154)
Net Income         116,808   116,808
Balance at Dec. 31, 2023 $ 433 471,216   (15,636) 81,388   537,401
Balance (in shares) at Dec. 31, 2023 41,304,000            
Balance at Dec. 31, 2022           $ 37,043  
Balance (in shares) at Dec. 31, 2022           40,000  
Balance at Dec. 31, 2023           $ 37,043  
Balance (in shares) at Dec. 31, 2023           40,000  
Issue of common stock $ 7 (7)          
Issue of common stock (in shares) 707,000            
Share-based compensation   4,650         4,650
Preferred dividends         (3,660)   (3,660)
Common dividends         (45,079)   (45,079)
Repurchase of common stock   (47)   (17,888)     (17,935)
Repurchase of common stock (in shares) (1,556,000)            
Net Income         133,006   133,006
Balance at Dec. 31, 2024 $ 440 475,812   (33,524) 164,914   $ 607,642
Balance (in shares) at Dec. 31, 2024 40,455,000           40,455,240
Redeemable Preferred Stock              
Repayment of redeemable preferred stock           $ (10,000)  
Repayment of redeemable preferred stock (in shares)           (10,000)  
Extinguishment of redeemable preferred stock         (739) $ 739 $ (739)
Balance at Dec. 31, 2024           $ 27,782 27,782
Balance (in shares) at Dec. 31, 2024           30,000  
Issue of common stock $ 3 (3)          
Issue of common stock (in shares) 276,000            
Share-based compensation   2,810         2,810
Preferred dividends         (2,724)   (2,724)
Common dividends         (12,186)   (12,186)
Net Income         41,014   41,014
Balance at Dec. 31, 2025 $ 443 $ 478,619   $ (33,524) 188,799   $ 634,337
Balance (in shares) at Dec. 31, 2025 40,731,000           40,731,441
Redeemable Preferred Stock              
Repayment of redeemable preferred stock           $ (30,000)  
Repayment of redeemable preferred stock (in shares)           (30,000)  
Extinguishment of redeemable preferred stock         $ (2,218) $ 2,218 $ (2,218)