v3.26.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Treasury Stock Common
Class A Common Shares
Class A Common Shares
Common Stock
Class A Common Shares Designated As Class A-2 Common Shares
Common Stock
Series A Cumulative Fixed Rate Preferred Shares
Preferred Stock
Class B Common Shares
Common Stock
Number at Dec. 31, 2024             11,202,355   4,000 3,793,612
Number of treasury shares at Dec. 31, 2024         1,287,768          
Common shares issued               550,000    
Common shares issued to directors             38,129      
Number of treasury shares at Jun. 30, 2025         1,287,768          
Number at Jun. 30, 2025             11,790,484   4,000 3,793,612
Balance at Dec. 31, 2024   $ 459,578 $ (10,410) $ 268,673 $ (32,692)       $ 4,000  
Other comprehensive income (loss):                    
Change in unrealized holding gains (losses)     5,694              
Unrealized foreign currency translation gains $ 59   59              
Other comprehensive income (loss), net of tax 5,753   5,753              
Net Income (Loss) 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          
Common shares issued               0    
Common shares issued to directors             21,640      
Number of treasury shares at Jun. 30, 2025         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  
Other comprehensive income (loss):                    
Change in unrealized holding gains (losses)     2,133              
Unrealized foreign currency translation gains 123   123              
Other comprehensive income (loss), net of tax 2,256   2,256              
Net Income (Loss) 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  
Number at Dec. 31, 2025             11,844,995   4,000 3,793,612
Number of treasury shares at Dec. 31, 2025         1,287,768 1,287,768        
Common shares issued               230,000    
Common shares issued to directors             59,775      
Number of treasury shares at Jun. 30, 2026         1,287,768 1,287,768        
Number at Jun. 30, 2026             12,134,770   4,000 3,793,612
Balance at Dec. 31, 2025 706,590 465,720 (4,000) 273,562 $ (32,692)       $ 4,000  
Other comprehensive income (loss):                    
Change in unrealized holding gains (losses)     (2,813)              
Unrealized foreign currency translation gains 47   47              
Other comprehensive income (loss), net of tax (2,766)   (2,766)              
Net Income (Loss) 15,328     15,328            
Preferred share distributions (220)     (220)            
Dividends/ Distribution to shareholders       (10,055)            
Share compensation plans   2,028                
Balance at Jun. 30, 2026 710,905 467,748 (6,766) 278,615 $ (32,692)       $ 4,000  
Number at Mar. 31, 2026             12,103,283   4,000 3,793,612
Number of treasury shares at Mar. 31, 2026         1,287,768          
Common shares issued               0    
Common shares issued to directors             31,487      
Number of treasury shares at Jun. 30, 2026         1,287,768 1,287,768        
Number at Jun. 30, 2026             12,134,770   4,000 3,793,612
Balance at Mar. 31, 2026   466,723 (6,596) 272,675 $ (32,692)       $ 4,000  
Other comprehensive income (loss):                    
Change in unrealized holding gains (losses)     (176)              
Unrealized foreign currency translation gains 6   6              
Other comprehensive income (loss), net of tax (170)   (170)              
Net Income (Loss) 11,082     11,082            
Preferred share distributions (110)     (110)            
Dividends/ Distribution to shareholders       (5,032)            
Share compensation plans   1,025                
Balance at Jun. 30, 2026 $ 710,905 $ 467,748 $ (6,766) $ 278,615 $ (32,692)       $ 4,000