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Preferred and Common Stock (Tables)
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of Dividends Declared
The Company declared cash dividends during the periods presented as follows:
Dividend
Per Share
Amount (1)
2022:
Fourth quarter$0.03 $8,730 
Third quarter0.03 8,592 
Second quarter0.03 8,678 
First quarter0.03 8,353 
Total$0.12 $34,353 
2021:
Fourth quarter$0.03 $8,461 
Third quarter0.03 8,485 
Second quarter0.03 8,372 
First quarter0.03 8,219 
Total$0.12 $33,537 
2020:
Fourth quarter$0.03 $8,270 
Third quarter (2)
1.53 400,311 
Second quarter0.03 7,771 
First quarter0.03 7,666 
Total$1.62 $424,018 
(1)Includes declared dividends for certain restricted stock awards and restricted stock units, and are net of forfeitures.
(2)As discussed in Note 1, on August 28, 2020, the Company’s board of directors declared a Special Dividend of $1.50 per share of the Company’s common stock ($392,489 in the aggregate).