Quarterly report pursuant to Section 13 or 15(d)

Changes in Equity (Tables)

v3.21.2
Changes in Equity (Tables)
6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
Schedule of Stockholders Equity
The following tables present changes in our equity for the six months ended June 30, 2021 and 2020 (in thousands, except shares and per share amounts):

Sub-share Certificates Common Stock Treasury Stock Accum. Other Comp. Loss Retained Earnings Net Proceeds from All Sources Total Equity
Shares Shares Amount Shares Amount
For the six months ended June 30, 2021:
Balances as of December 31, 2020
7,756,156  —  $ —  —  $ —  $ (2,693) $ —  $ 487,877  $ 485,184 
Net income —  —  —  —  —  —  50,052  —  50,052 
Dividends paid ($2.75 per common share)
—  —  —  —  —  —  (21,329) —  (21,329)
Conversion of Sub-shares into shares of common stock (7,756,156) 7,756,156  78  —  —  —  487,799  (487,877) — 
Other comprehensive income —  —  —  —  —  28  —  —  28 
Balances as of March 31, 2021
—  7,756,156  $ 78  —  $ —  $ (2,665) $ 516,522  $ —  $ 513,935 
Net income —  —  —  —  —  —  57,046  —  57,046 
Dividends paid ($2.75 per common share)
—  —  —  —  —  —  (21,329) —  (21,329)
Repurchases of common stock —  (1,633) —  1,633  (2,504) —  —  —  (2,504)
Other comprehensive income —  —  —  —  —  29  —  —  29 
Balances as of June 30, 2021
—  7,754,523  $ 78  1,633  $ (2,504) $ (2,636) $ 552,239  $ —  $ 547,177 


Sub-share Certificates Accum. Other Comp. Loss Net Proceeds from All Sources Total Capital
For the six months ended June 30, 2020:
Balances as of December 31, 2019
7,756,156  $ (1,461) $ 513,598  $ 512,137 
Net income —  —  57,401  57,401 
Dividends paid ($16.00 per Sub-share)
—  —  (124,098) (124,098)
Cumulative effect of accounting change —  —  (111) (111)
Other comprehensive income —  14  —  14 
Balances as of March 31, 2020
7,756,156  $ (1,447) $ 446,790  $ 445,343 
Net income —  —  27,583  27,583 
Cumulative effect of accounting change —  —  —  — 
Other comprehensive income —  13  —  13 
Balances as of June 30, 2020
7,756,156  $ (1,434) $ 474,373  $ 472,939