Annual report pursuant to Section 13 and 15(d)

Consolidated Statement Of Shareholder's Equity

v3.20.1
Consolidated Statement Of Shareholder's Equity - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Earnings [Member]
Non-controlling Interests [Member]
Total
Beginning balance at Dec. 31, 2016 $ 710 $ 227,134 $ 28,937 $ 41,531 $ 298,312
Beginning balance, shares at Dec. 31, 2016         70,997,732
Net income     126,583 12,760 $ 139,343
Member distribution to non-controlling interest holder       (11,270) (11,270)
Dividends to shareholders     (40,000)   (40,000)
Issuance of common stock upon initial public offering, net of offering costs [1] 37 47,232     $ 47,269
Issuance of common stock upon initial public offering, net of offering costs, shares [1]         3,736,723
Ending balance at Dec. 31, 2017 747 274,366 115,520 43,021 $ 433,654
Ending balance, shares at Dec. 31, 2017         74,734,455
Net income     87,962 12,390 $ 100,352
Member distribution to non-controlling interest holder       (9,800) (9,800)
Dividends to shareholders     (44,841)   (44,841)
Purchase and retirement of Common Stock, value [1] (3) (3,997)     $ (4,000)
Purchase and retirement of Common Stock, shares [1]         (288,532)
Ending balance at Dec. 31, 2018 744 270,369 158,641 45,611 $ 475,365
Ending balance, shares at Dec. 31, 2018         74,445,923
Net income     34,851 11,273 $ 46,124
Member distribution to non-controlling interest holder       (7,350) (7,350)
Dividends to shareholders     (47,645)   (47,645)
Purchase and retirement of Common Stock, value   835     $ 835
Purchase and retirement of Common Stock, shares         (83,230)
Ending balance at Dec. 31, 2019 $ 744 $ 269,534 $ 145,847 $ 49,534 $ 465,659
Ending balance, shares at Dec. 31, 2019         74,362,693
[1] Based on shares issued in connection with our initial public offering during November 2017 and gives effect to the stock split effected in connection therewith as if the stock split was effected on January 1, 2016. See Note 1: Organization for further discussion.