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Share-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Arrangement, Expensed and Capitalized, Amount The following is a summary of share-based compensation expense, net of any forfeitures, included in “General and administrative expenses” in the Consolidated Statements of Income ($ in thousands):
December 31, 2023December 31, 2022December 31, 2021
Shared-based compensation components:
  Restricted stock expense$310 $— $— 
  Stock option expense4,295 8,613 8,415 
Total share-based compensation expense$4,605 $8,613 $8,415 
Schedule of Stock Option Valuation Assumptions The fair value of each grant is estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions:
December 31, 2023December 31, 2022December 31, 2021
Dividend yield6.9%7.0%6.7%
Expected volatility39.0%49.3%48.1%
Expected lives2.9 years2.9 years2.9 years
Risk-free interest rate4.56%1.75%0.33%
Schedule of Stock Option Activity
The following tables summarize our outstanding stock options:
Weighted Average
NumberWeighted AverageRemaining
of SharesExercise PriceContractual Life (Years)
Outstanding December 31, 20201,033,838 $83.54
Options granted under 2012 Plan12,500 $69.20
Options granted under 2019 Plan639,500 $69.20
Options exercised under 2012 Plan(20,000)$60.52
Options forfeited under 2019 Plan(13,333)$90.79
Outstanding December 31, 20211,652,505 $78.10
Options granted under 2019 Plan718,000 $53.62
Options exercised under 2019 Plan(56,832)$53.41
Options forfeited (23,000)$62.33
Options expired(74,498)$77.93
Outstanding December 31, 20222,216,175 $70.97
Options granted under 2019 Plan385,500 $54.73
Options exercised (5,166)$53.41
Options forfeited (61,168)$66.44
Options expired(88,170)$64.33
Options outstanding, December 31, 20232,447,171 $68.802.26
Exercisable at December 31, 20232,078,827 $71.402.00

Remaining
GrantNumberExerciseContractual
Dateof SharesPriceLife in Years
2/21/2019301,837 $79.96 0.14
2/21/2020516,000 $90.79 1.15
5/1/20207,500 $53.76 1.33
2/25/2021616,000 $69.20 2.16
2/25/2022610,834 $53.41 3.16
6/1/202225,000 $59.43 3.42
2/24/2023370,000 $54.73 4.15
Options outstanding, December 31, 20232,447,171 
Schedule of Nonvested Share Activity
The following table summarizes our outstanding non-vested stock options:

Number of SharesWeighted Average Grant Date Fair Value
Non-vested December 31, 2022515,020 $12.51
Options granted under 2019 Plan385,500 $11.33
Options vested under 2012 Plan(4,168)$14.33
Options vested under 2019 Plan(505,007)$12.37
Non-vested options forfeited under 2019 Plan(23,001)$11.80
Non-vested December 31, 2023368,344 $11.48