v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2024   37,203,000    
Beginning balance at Dec. 31, 2024 $ 460,531 $ 37 $ 1,000,455 $ (539,961)
Increase (Decrease) in Stockholders' Equity        
Issuance of stock awards, net of cancellations (in shares)   26,000    
Tax withholdings paid in exchange for shares withheld on employee vested stock awards (146)   (146)  
Stock-based compensation 650   650  
Dividends paid to stockholders (4,077)   (4,077)  
Dividend reinvestments (in shares)   0    
Repurchases of common stock, including excise tax (in shares)   (452,000)    
Repurchases of common stock, including excise tax (5,094)   (5,094)  
Net income 13,049     13,049
Ending balance (in shares) at Mar. 31, 2025   36,777,000    
Ending balance at Mar. 31, 2025 464,913 $ 37 991,788 (526,912)
Beginning balance (in shares) at Dec. 31, 2024   37,203,000    
Beginning balance at Dec. 31, 2024 $ 460,531 $ 37 1,000,455 (539,961)
Increase (Decrease) in Stockholders' Equity        
Dividend reinvestments (in shares)   0    
Repurchases of common stock, including excise tax (in shares) (500,000)      
Repurchases of common stock, including excise tax $ (6,000)      
Net income 32,607      
Ending balance (in shares) at Jun. 30, 2025   36,752,000    
Ending balance at Jun. 30, 2025 480,167 $ 37 987,484 (507,354)
Beginning balance (in shares) at Mar. 31, 2025   36,777,000    
Beginning balance at Mar. 31, 2025 464,913 $ 37 991,788 (526,912)
Increase (Decrease) in Stockholders' Equity        
Issuance of stock awards, net of cancellations (in shares)   72,000    
Tax withholdings paid in exchange for shares withheld on employee vested stock awards (78)   (78)  
Stock-based compensation 720   720  
Dividends paid to stockholders (4,066)   (4,066)  
Dividend reinvestments (in shares)   0    
Repurchases of common stock, including excise tax (in shares)   (97,000)    
Repurchases of common stock, including excise tax (880)   (880)  
Net income 19,558     19,558
Ending balance (in shares) at Jun. 30, 2025   36,752,000    
Ending balance at Jun. 30, 2025 $ 480,167 $ 37 987,484 (507,354)
Beginning balance (in shares) at Dec. 31, 2025 36,825,000 36,825,000    
Beginning balance at Dec. 31, 2025 $ 510,871 $ 37 980,592 (469,758)
Increase (Decrease) in Stockholders' Equity        
Issuance of stock awards, net of cancellations (in shares)   50,000    
Tax withholdings paid in exchange for shares withheld on employee vested stock awards (405)   (405)  
Stock-based compensation 702   702  
Dividends paid to stockholders (3,868)   (3,868)  
Dividend reinvestments (in shares)   0    
Net income 18,670     18,670
Ending balance (in shares) at Mar. 31, 2026   36,875,000    
Ending balance at Mar. 31, 2026 $ 525,970 $ 37 977,021 (451,088)
Beginning balance (in shares) at Dec. 31, 2025 36,825,000 36,825,000    
Beginning balance at Dec. 31, 2025 $ 510,871 $ 37 980,592 (469,758)
Increase (Decrease) in Stockholders' Equity        
Dividend reinvestments (in shares)   143,343    
Repurchases of common stock, including excise tax (in shares) 0      
Net income $ 45,363      
Ending balance (in shares) at Jun. 30, 2026 37,075,000 37,075,000    
Ending balance at Jun. 30, 2026 $ 542,681 $ 37 967,039 (424,395)
Beginning balance (in shares) at Mar. 31, 2026   36,875,000    
Beginning balance at Mar. 31, 2026 525,970 $ 37 977,021 (451,088)
Increase (Decrease) in Stockholders' Equity        
Issuance of stock awards, net of cancellations (in shares)   57,000    
Tax withholdings paid in exchange for shares withheld on employee vested stock awards (130)   (130)  
Stock-based compensation 771   771  
Dividends paid to stockholders (10,635)   (10,635)  
Dividend reinvestments (in shares)   143,343    
Repurchases of common stock, including excise tax 12   12  
Net income $ 26,693     26,693
Ending balance (in shares) at Jun. 30, 2026 37,075,000 37,075,000    
Ending balance at Jun. 30, 2026 $ 542,681 $ 37 $ 967,039 $ (424,395)