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Common Stock (Tables) | 3 Months Ended
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Mar. 31, 2023
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)
2023: |  |  |  |
First Quarter |  | $ | 0.195 |  |  | $ | 13,629 |
Total dividends declared in 2023 |  | $ | 0.195 |  |  | $ | 13,629 |
2022: |  |  |  |
Fourth Quarter |  | $ | 0.180 |  |  | $ | 12,986 |
Third Quarter |  | 0.180 |  |  | 13,192 |
Second Quarter |  | 0.180 |  |  | 13,400 |
First Quarter |  | 0.180 |  |  | 13,473 |
Total dividends declared in 2022 |  | $ | 0.720 |  |  | $ | 53,051 |
Schedule of Share Repurchase Activity | The Company's share repurchase activity for the periods presented was as follows:
|  |  |  | Three months ended March 31,
(in thousands, except share and per share amounts) |  |  |  |  |  | 2023 |  | 2022
Shares repurchased in the open market: |  |  |  |  |  |  |  |
Shares repurchased |  |  |  |  |  | 346,389 |  |  | 463,980 |
Average price |  |  |  |  |  | $ | 46.54 |  |  | $ | 46.57 |
Aggregate value |  |  |  |  |  | $ | 16,122 |  |  | $ | 21,607 |
Shares repurchased from Magnus: |  |  |  |  |  |  |  |
Shares repurchased |  |  |  |  |  | 2,168,528 |  |  | 699,819 |
Average price (1) |  |  |  |  |  | $ | 46.11 |  |  | $ | 53.59 |
Aggregate value |  |  |  |  |  | $ | 100,001 |  |  | $ | 37,501 |
Total shares repurchased: |  |  |  |  |  |  |  |
Shares repurchased |  |  |  |  |  | 2,514,917 |  |  | 1,163,799 |
Average price |  |  |  |  |  | $ | 46.17 |  |  | $ | 50.79 |
Aggregate value |  |  |  |  |  | $ | 116,123 |  |  | $ | 59,108 |
___________________________________ (1) In accordance with the share repurchase agreements, 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 will differ from open market repurchases 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 agreements.

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