v3.26.1
Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Capital in Excess of Par
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2024     128,126,000        
Beginning balance at Dec. 31, 2024 $ 280,711 $ 275,671 $ 1,281 $ 260,837 $ 13,553 $ 0 $ 5,040
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to the Company 38,911 38,911     38,911    
Net income attributable to non-controlling interests 293 0         293
Dividends paid to common stockholders (8,010) (8,010)     (8,010)    
Issuance of restricted stock (in shares)     46,000        
Issuance of restricted stock 0 0 $ 1 (1)      
Stock compensation expense 2,269 2,269   2,269      
Redemption value adjustment on non-controlling interests 0            
Other comprehensive income (loss) (1,722) (1,722)       (1,722)  
Ending balance (in shares) at Mar. 31, 2025     128,172,000        
Ending balance at Mar. 31, 2025 312,452 307,119 $ 1,282 263,105 44,454 (1,722) 5,333
Beginning balance (in shares) at Dec. 31, 2024     128,126,000        
Beginning balance at Dec. 31, 2024 280,711 275,671 $ 1,281 260,837 13,553 0 5,040
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to the Company 83,471            
Ending balance (in shares) at Jun. 30, 2025     128,171,000        
Ending balance at Jun. 30, 2025 347,820 342,636 $ 1,282 265,390 79,827 (3,863) 5,184
Beginning balance (in shares) at Mar. 31, 2025     128,172,000        
Beginning balance at Mar. 31, 2025 312,452 307,119 $ 1,282 263,105 44,454 (1,722) 5,333
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to the Company 44,560 44,560     44,560    
Net income attributable to non-controlling interests 219 0         219
Dividends paid to common stockholders (8,011) (8,011)     (8,011)    
Forfeiture of unvested restricted stock (in shares)     (1,000)        
Forfeitures of unvested restricted stock 0 0          
Stock compensation expense 2,285 2,285   2,285      
Distributions to non-controlling interests (368) 0         (368)
Redemption value adjustment on non-controlling interests (1,176) (1,176)     (1,176)    
Other comprehensive income (loss) (2,141) (2,141)       (2,141)  
Ending balance (in shares) at Jun. 30, 2025     128,171,000        
Ending balance at Jun. 30, 2025 $ 347,820 342,636 $ 1,282 265,390 79,827 (3,863) 5,184
Beginning balance (in shares) at Dec. 31, 2025 128,633,374   128,633,000        
Beginning balance at Dec. 31, 2025 $ 401,025 393,281 $ 1,286 248,899 146,448 (3,352) 7,744
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to the Company 50,488 50,488     50,488    
Net income attributable to non-controlling interests 272 0         272
Dividends paid to common stockholders (8,017) (8,017)     (8,017)    
Issuance of restricted stock (in shares)     4,000        
Forfeiture of unvested restricted stock (in shares)     (14,000)        
Stock compensation expense 4,135 4,135   4,135      
Repurchase of common shares (in shares)     (661,000)        
Repurchase of common shares (15,144) (15,144) $ (6) (15,138)      
Distributions to non-controlling interests (521) 0         (521)
Redemption value adjustment on non-controlling interests (2,074) (2,074)     (2,074)    
Other comprehensive income (loss) 2,044 2,044       2,044  
Ending balance (in shares) at Mar. 31, 2026     127,962,000        
Ending balance at Mar. 31, 2026 $ 432,208 424,713 $ 1,280 237,896 186,845 (1,308) 7,495
Beginning balance (in shares) at Dec. 31, 2025 128,633,374   128,633,000        
Beginning balance at Dec. 31, 2025 $ 401,025 393,281 $ 1,286 248,899 146,448 (3,352) 7,744
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to the Company $ 115,787            
Ending balance (in shares) at Jun. 30, 2026 127,517,736   127,518,000        
Ending balance at Jun. 30, 2026 $ 484,718 477,095 $ 1,276 230,964 244,152 703 7,623
Beginning balance (in shares) at Mar. 31, 2026     127,962,000        
Beginning balance at Mar. 31, 2026 432,208 424,713 $ 1,280 237,896 186,845 (1,308) 7,495
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to the Company 65,299 65,299     65,299    
Net income attributable to non-controlling interests 400 0         400
Dividends paid to common stockholders (7,992) (7,992)     (7,992)    
Forfeiture of unvested restricted stock (in shares)     (20,000)        
Stock compensation expense 4,130 4,130   4,130      
Repurchase of common shares (in shares)     (424,000)        
Repurchase of common shares (11,066) (11,066) $ (4) (11,062)      
Distributions to non-controlling interests (272) 0         (272)
Redemption value adjustment on non-controlling interests 0            
Other comprehensive income (loss) $ 2,011 2,011       2,011  
Ending balance (in shares) at Jun. 30, 2026 127,517,736   127,518,000        
Ending balance at Jun. 30, 2026 $ 484,718 $ 477,095 $ 1,276 $ 230,964 $ 244,152 $ 703 $ 7,623