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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Treasury Stock
Non-controlling Interest
Total
Beginning Balance at Dec. 31, 2020 $ 296,873 $ 255,216 $ (1,472)   $ 17,553 $ 568,170
Beginning Balance (in shares) at Dec. 31, 2020 58,882,549          
Increase (Decrease) in Stockholders' Equity            
Capital contributions from non-controlling interest         3,189 3,189
Capital distributions to non-controlling interest         (1,247) (1,247)
Dividends   (18,844)       (18,844)
Other comprehensive (loss) income, net of tax     1,083     1,083
Net income (loss)   74,553     (804) 73,749
Ending Balance at Dec. 31, 2021 $ 296,873 310,925 (389)   18,691 626,100
Ending Balance (in shares) at Dec. 31, 2021 58,882,549          
Increase (Decrease) in Stockholders' Equity            
Additional ownership interest acquired in Pier Park North JV $ (7,237)       (458) (7,695)
Capital contributions from non-controlling interest         3,823 3,823
Capital distributions to non-controlling interest         (2,433) (2,433)
Issuance of restricted stock (in shares) 29,955          
Stock based compensation expense $ 364         364
Repurchase of common shares       $ (19,972)   (19,972)
Repurchase of common shares (in shares) (576,963)          
Retirement of treasury stock $ (19,972)     $ 19,972    
Dividends   (23,508)       (23,508)
Other comprehensive (loss) income, net of tax     2,819   1,383 4,202
Net income (loss)   70,927     (699) 70,228
Ending Balance at Dec. 31, 2022 $ 270,028 358,344 2,430   20,307 $ 651,109
Ending Balance (in shares) at Dec. 31, 2022 58,335,541         58,335,541
Increase (Decrease) in Stockholders' Equity            
Capital contributions from non-controlling interest         1,430 $ 1,430
Capital distributions to non-controlling interest         (2,242) (2,242)
Issuance of restricted stock (in shares) 36,499          
Stock based compensation expense $ 820         820
Repurchase of common shares (in shares) 0          
Dividends   (25,685)       (25,685)
Other comprehensive (loss) income, net of tax     (587)   (407) (994)
Net income (loss)   77,712     (3,660) 74,052
Ending Balance at Dec. 31, 2023 $ 270,848 $ 410,371 $ 1,843   $ 15,428 $ 698,490
Ending Balance (in shares) at Dec. 31, 2023 58,372,040         58,372,040