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Equity and EPS | 3 Months Ended
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Mar. 31, 2021
Equity [Abstract] |
Equity and EPS | Equity and EPS The computations of basic and diluted EPS:
|  | Quarter Ended March 31, |  |
|  | 2021 |  | 2020 |  |  |  |
Operations: |  |  |  |  |  |  |  |
Net income(a) |  | $ | 15,427 |  |  | $ | 9,842 |  |  |  |  |
Less: Income attributable to participating securities(b) |  | 146 |  |  | 66 |  |  |  |  |
Net income attributable to common shareholders |  | $ | 15,281 |  |  | $ | 9,776 |  |  |  |  |
Share information: |  |  |  |  |  |  |  |
Basic and diluted weighted average common shares(c) |  | 16,928,003 |  |  | 17,013,925 |  |  |  |  |
Basic and diluted EPS |  | $ | 0.90 |  |  | $ | 0.57 |  |  |  |  |
(a)Net income attributable to all shareholders. (b)Participating securities included 162,496 and 116,127 unvested restricted stock units (“RSUs”), at March 31, 2021 and 2020, respectively. (c)Under the two-class method, basic and diluted weighted average common shares at March 31, 2021 and 2020 exclude unvested participating securities. Share Repurchase. On February 25, 2019, MGP’s Board of Directors approved a $25,000 share repurchase authorization commencing February 27, 2019, through February 27, 2022. Under the share repurchase program, the Company can repurchase stock from time to time for cash in open market purchases, block transactions, and privately negotiated transactions in accordance with applicable federal securities laws. This share repurchase program may be modified, suspended, or terminated by the Company at any time without prior notice. The Company did not repurchase any shares during the quarter ended March 31, 2021 and has $20,947 remaining under the share repurchase plan. During the quarter ended March 31, 2020, the Company repurchased approximately 159,104 shares of MGP Common Stock for $4,053.

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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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: 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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