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Equity | 3 Months Ended
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Mar. 31, 2020
Equity [Abstract] |
Equity | Equity The Company sold 115,834 shares of common stock through its at-the-market equity program and raised proceeds of $6.0 million net of $0.1 million in commissions paid under the equity distribution agreement during the first three months of 2020. The Company also incurred $0.1 million of equity issuance costs during the first three months of 2020. The Company’s changes in total common stockholders’ equity for the three months ended March 31, 2020 and 2019 were as follows:
| Three months ended March 31, 2020
| Common Stock |  | Additional Paid-in Capital |  | Retained Earnings |  | Total Stockholders' Equity
| Shares |  | Amount |  |  |
| (In thousands)
Balance at January 1, 2020 | 48,532 |  |  | $ | 485 |  |  | $ | 362,275 |  |  | $ | 417,146 |  |  | $ | 779,906 |
Net loss |  |  |  |  |  |  | (20,307 | ) |  | (20,307 | )
Issuance of common stock | 210 |  |  | 2 |  |  | 7,227 |  |  |  |  |  | 7,229 |
Repurchase of common stock | (28 | ) |  | — |  |  | (1,373 | ) |  |  |  |  | (1,373 | )
Dividends paid on common stock ($0.2125 per share) |  |  |  |  |  |  | (10,315 | ) |  | (10,315 | )
Balance at March 31, 2020 | 48,714 |  |  | 487 |  |  | 368,129 |  |  | 386,524 |  |  | 755,140 |
| Three months ended March 31, 2019
| Common Stock |  | Additional Paid-in Capital |  | Retained Earnings |  | Total Stockholders' Equity
| Shares |  | Amount |  |  |
| (In thousands)
Balance at January 1, 2019 | 48,065 |  |  | $ | 481 |  |  | $ | 337,623 |  |  | $ | 392,053 |  |  | $ | 730,157 |
Net loss |  |  |  |  |  |  | (7,640 | ) |  | (7,640 | )
Issuance of common stock | 109 |  |  | — |  |  | 3,179 |  |  | — |  |  | 3,179 |
Repurchase of common stock | (40 | ) |  | — |  |  | (2,074 | ) |  | — |  |  | (2,074 | )
Dividends paid on common stock ($0.1975 per share) |  |  |  |  |  |  | (9,493 | ) |  | (9,493 | )
Balance at March 31, 2019 | 48,134 |  |  | 481 |  |  | 338,728 |  |  | 374,920 |  |  | 714,129 |

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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