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Stockholders' Equity (Tables) | 3 Months Ended
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Mar. 31, 2025
Equity [Abstract] |
Schedule of Total Restricted Shares Granted | The following is a summary of the total restricted shares granted to the Company’s executive officers and employees with the related weighted average grant date fair value share prices for the three months ended March 31, 2025: Restricted Stock Activity:
| Shares |  | Weighted Average Grant Date Fair Value
Non-vested shares outstanding as of December 31, 2024 | 426,388 |  |  | $ | 63.06 |
Granted | 64,466 |  |  | 65.80 |
Forfeited | — |  |  | — |
Vested | (44,443) |  |  | 62.15 |
Non-vested shares outstanding as of March 31, 2025 | 446,411 |  |  | $ | 63.55 |
Schedule of Vesting Schedule of the Total Non-vested Shares of Restricted Stock Outstanding | The following is a vesting schedule of the total non-vested shares of restricted stock outstanding as of March 31, 2025:
Non-vested Shares Vesting Schedule |  | Number of Shares
2025 (9 months) |  | 53,288 |
2026 |  | 101,352 |
2027 |  | 126,058 |
2028 |  | 94,543 |
2029 |  | 71,170 |
Thereafter |  | — |
Total Non-vested Shares |  | 446,411 |
Schedule of Certain Information with Respect to the Performance Share Awards | The following table summarizes certain information with respect to the Performance Share awards granted on or after January 1, 2022 and includes the forfeiture of certain of the Performance Share awards during 2024 (dollars in thousands):
Performance Share Period |  | Fair Value on Date of Grant 1 |  |  |  | Expense for the Three Months Ended March 31,
|  |  |  |  |  | 2025 |  | 2024 |  |
January 1, 2022 - December 31, 2024 |  | 5,618 |  |  |  |  |  |  | — |  |  | 482 |  |  |
January 1, 2023 - December 31, 2025 |  | 8,583 |  |  |  |  |  |  | 715 |  |  | 639 |  |  |
January 1, 2024 - December 31, 2026 |  | 9,261 |  |  |  |  |  |  | 772 |  |  | 790 |  |  |
January 1, 2025 - December 31, 2027 |  | 9,824 |  |  |  |  |  |  | 819 |  |  | — |  |  |
Total |  | $ | 33,286 |  |  |  |  |  |  | $ | 2,306 |  |  | $ | 1,911 |  |  |
1 Reflects the fair value on date of grant for all performance shares outstanding at March 31, 2025.
Schedule of Cash Dividends Paid or Payable Per Share | The following table sets forth the cash dividends paid or payable per share during the three months ended March 31, 2025:
For the Three Months Ended |  | Security |  | Dividend per Share |  | Declaration Date |  | Record Date |  | Date Paid
March 31, 2025 |  | Common Stock |  | $ | 0.49 |  |  | February 4, 2025 |  | March 27, 2025 |  | April 4, 2025

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