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Common Stock (Tables) | 3 Months Ended
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Mar. 31, 2022
Equity [Abstract] |
Schedule of Declared Dividends Per Share | The Company declared dividends per common share, including DERs (Note 11), during the periods presented as follows:
|  | Dividends per Common Share |  | Amount (in thousands)
2022: |  |  |  |
First Quarter |  | $ | 0.180 |  |  | $ | 13,473 |
Total dividends declared in 2022 |  | $ | 0.180 |  |  | $ | 13,473 |
2021: |  |  |  |
Fourth Quarter |  | $ | 0.165 |  |  | $ | 12,619 |
Third Quarter |  | 0.165 |  |  | 12,692 |
Second Quarter |  | 0.165 |  |  | 12,768 |
First Quarter |  | 0.165 |  |  | 12,767 |
Total dividends declared in 2021 |  | $ | 0.660 |  |  | $ | 50,846 |
Schedule of Share Repurchase Activity | The Company's share repurchase activity was as follows:
|  |  |  | Three months ended March 31,
(in thousands, except share and per share amounts) |  |  |  |  |  | 2022 |  | 2021
Shares repurchased in the open market: |  |  |  |  |  |  |  |
Shares repurchased |  |  |  |  |  | 463,980 |  |  | 56,156 |
Average price |  |  |  |  |  | $ | 46.57 |  |  | $ | 42.34 |
Aggregate value |  |  |  |  |  | $ | 21,607 |  |  | $ | 2,377 |
Shares repurchased from Magnus: |  |  |  |  |  |  |  |
Shares repurchased |  |  |  |  |  | 699,819 |  |  | — |
Average price (1) |  |  |  |  |  | $ | 53.59 |  |  | $ | — |
Aggregate value |  |  |  |  |  | $ | 37,501 |  |  | $ | — |
Total shares repurchased: |  |  |  |  |  |  |  |
Shares repurchased |  |  |  |  |  | 1,163,799 |  |  | 56,156 |
Average price |  |  |  |  |  | $ | 50.79 |  |  | $ | 42.34 |
Aggregate value |  |  |  |  |  | $ | 59,108 |  |  | $ | 2,377 |
___________________________________ (1) In accordance with the share repurchase agreement, shares purchased from Magnus are accrued for at the same weighted average price as those purchased on the open market as if the purchase from Magnus had occurred on the same day. As such, the average price of Magnus repurchases during the current period may differ from open market purchases due to the settlement of the previously recorded share repurchase liability, as well as, open market purchases made after the completion of the Magnus Share repurchase agreement.

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