XML 21 R8.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Common stock
Preferred stock
8% Preferred Stock
Preferred stock
7% Series A Preferred Stock
Preferred stock
6% Series B Preferred Stock
Preferred stock
6% Series C Preferred Stock
Public Offering
Preferred stock
6% Series C Preferred Stock
Private Placement
Preferred stock
6% Series C Preferred Stock
Preferred stock
8.25% Series D Preferred Stock
Retained Earnings
Impact from adoption of ASU
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total
Balance beginning of period at Dec. 31, 2020 $ 135,857 $ 41,581               $ 461,744 $ 374  
Balance beginning of period (in shares) at Dec. 31, 2020 43,120,625 41,625                    
Consolidated Statements of Shareholders' Equity                        
Net Income                   227,104   $ 227,104
Issuance of 8.25% Series D preferred stock, net of $5.1 million in offering expenses         $ 144,926 $ 46,158            
Issuance of 8.25% Series D preferred stock, net of $5.1 million in offering expenses (in shares)         150,000 46,181            
Dividends on 8% preferred stock, annually                   (833)    
Final dividend for redemption of 8% preferred stock                   (139)    
Dividends on 7% Series A preferred stock, $1.75 per share, annually                   (3,643)    
Dividends on 6% Series B preferred stock, $60.00 per share, annually                   (7,500)    
Dividends on 6% Series C preferred stock, $60.00 per share, annually                   (8,758)    
Dividends on common stock, $0.32 per share, annually in 2023 and $0.28 per share, annually in 2022                   (10,362)    
Deconsolidation of entities                   (419)    
Other comprehensive income (loss)                     (1,828) (1,828)
Redemption of 8% preferred stock   $ (41,581)               (45)    
Redemption of 8% preferred stock (in shares)   (41,625)                    
Distribution to employee stock ownership plan $ 537                      
Distribution to employee stock ownership plan (in shares) 29,149                      
Shares issued for stock compensation plans, net of taxes withheld to satisfy tax obligations $ 1,171                      
Shares issued for stock compensation plans, net of taxes withheld to satisfy tax obligations (in shares) 30,305                      
Balance end of period at Dec. 31, 2021 $ 137,565   $ 50,221 $ 120,844     $ 191,084     657,149 (1,454) 1,155,409
Balance end of period (in shares) at Dec. 31, 2021 43,180,079   2,081,800 125,000     196,181          
Consolidated Statements of Shareholders' Equity                        
Net Income                   219,721   219,721
Issuance of 8.25% Series D preferred stock, net of $5.1 million in offering expenses               $ 137,459        
Issuance of 8.25% Series D preferred stock, net of $5.1 million in offering expenses (in shares)               142,500        
Dividends on 7% Series A preferred stock, $1.75 per share, annually                   (3,643)    
Dividends on 6% Series B preferred stock, $60.00 per share, annually                   (7,500)    
Dividends on 6% Series C preferred stock, $60.00 per share, annually                   (11,772)    
Dividends on 8.25% Series D preferred stock, $82.50 per share, annually                   (3,068)    
Dividends on preferred stock, annually $ (1)                      
Dividends on common stock, $0.32 per share, annually in 2023 and $0.28 per share, annually in 2022                   (12,084)    
Other comprehensive income (loss)                     (9,067) (9,067)
Repurchase of common stock $ (1,761)                 (2,174)    
Repurchase of common stock (in shares) (165,037)                      
Cash paid in lieu of fractional shares for stock split (in shares) (29)                      
Distribution to employee stock ownership plan $ 653                      
Distribution to employee stock ownership plan (in shares) 20,709                      
Shares issued for stock compensation plans, net of taxes withheld to satisfy tax obligations $ 1,325                      
Shares issued for stock compensation plans, net of taxes withheld to satisfy tax obligations (in shares) 77,405                      
Balance end of period (ASU 2016-13) at Dec. 31, 2022                 $ (3,648)      
Balance end of period (ASU 2016-02) at Dec. 31, 2022                 $ (110)      
Balance end of period at Dec. 31, 2022 $ 137,781   $ 50,221 $ 120,844     $ 191,084 $ 137,459   832,871 (10,521) 1,459,739
Balance end of period (in shares) at Dec. 31, 2022 43,113,127   2,081,800 125,000     196,181 142,500        
Consolidated Statements of Shareholders' Equity                        
Net Income                   279,234   279,234
Dividends on 7% Series A preferred stock, $1.75 per share, annually                   (3,643)    
Dividends on 6% Series B preferred stock, $60.00 per share, annually                   (7,500)    
Dividends on 6% Series C preferred stock, $60.00 per share, annually                   (11,771)    
Dividends on 8.25% Series D preferred stock, $82.50 per share, annually                   (11,756)    
Dividends on common stock, $0.32 per share, annually in 2023 and $0.28 per share, annually in 2022                   (13,836)    
Other comprehensive income (loss)                     8,033 $ 8,033
Repurchase of common stock (in shares)                       0
Distribution to employee stock ownership plan $ 810                      
Distribution to employee stock ownership plan (in shares) 33,293                      
Shares issued for stock compensation plans, net of taxes withheld to satisfy tax obligations $ 1,774                      
Shares issued for stock compensation plans, net of taxes withheld to satisfy tax obligations (in shares) 96,508                      
Balance end of period at Dec. 31, 2023 $ 140,365   $ 50,221 $ 120,844     $ 191,084 $ 137,459   $ 1,063,599 $ (2,488) $ 1,701,084
Balance end of period (in shares) at Dec. 31, 2023 43,242,928   2,081,800 125,000     196,181 142,500