Quarterly report [Sections 13 or 15(d)]

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS??? EQUITY

v3.25.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Common​ Stock
Class A Common Stock
Common​ Stock
Class B Common Stock
Additional Paid-In Capital
Retained Earnings
Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2023       20,786,814 40,333,019      
Beginning balance at Dec. 31, 2023 $ 1,183,493     $ 208 $ 403 $ 47,158 $ 1,135,387 $ 337
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 28,400           28,498 (98)
Repurchase and retirement of Class A common stock (in shares)       (17,747)        
Repurchase and retirement of Class A common stock (251)         (251)    
Stock-based compensation 2,137         2,137    
Dividend equivalents on unvested restricted stock units forfeited 0         (20) 20  
Acquisition of non-controlling interests 371             371
Ending balance (in shares) at Mar. 31, 2024       20,769,067 40,333,019      
Ending balance at Mar. 31, 2024 1,214,150     $ 208 $ 403 49,024 1,163,905 610
Beginning balance (in shares) at Dec. 31, 2023       20,786,814 40,333,019      
Beginning balance at Dec. 31, 2023 1,183,493     $ 208 $ 403 47,158 1,135,387 337
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (960)              
Repurchase and retirement of Class A common stock (in shares)   (55,714)            
Repurchase and retirement of Class A common stock   $ (800)            
Ending balance (in shares) at Sep. 30, 2024       21,051,820 40,333,019      
Ending balance at Sep. 30, 2024 1,157,896     $ 211 $ 403 53,780 1,102,962 540
Beginning balance (in shares) at Dec. 31, 2023       20,786,814 40,333,019      
Beginning balance at Dec. 31, 2023 1,183,493     $ 208 $ 403 47,158 1,135,387 337
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends paid (30,700)              
Ending balance (in shares) at Dec. 31, 2024   21,592,992 40,333,019 21,592,992 40,333,019      
Ending balance at Dec. 31, 2024 1,254,010     $ 216 $ 403 51,996 1,200,908 487
Beginning balance (in shares) at Mar. 31, 2024       20,769,067 40,333,019      
Beginning balance at Mar. 31, 2024 1,214,150     $ 208 $ 403 49,024 1,163,905 610
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 37,591           37,583 8
Dividends paid (30,702)           (30,702)  
Repurchase and retirement of Class A common stock (in shares)       (14,221)        
Repurchase and retirement of Class A common stock (201)         (201)    
Stock-based compensation 2,687         2,687    
Dividend equivalents on unvested restricted stock units issued 0         943 (943)  
Dividend equivalents on unvested restricted stock units forfeited 0         (9) 9  
Vesting of restricted stock units (in shares)       384,174        
Vesting of restricted stock units 0     $ 4   (4)    
Shares of Class A common stock withheld related to net share settlement (in shares)       (77,813)        
Shares of Class A common stock withheld related to net share settlement (1,089)     $ (1)   (1,088)    
Ending balance (in shares) at Jun. 30, 2024       21,061,207 40,333,019      
Ending balance at Jun. 30, 2024 1,222,436     $ 211 $ 403 51,352 1,169,852 618
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (66,951)           (66,892) (59)
Repurchase and retirement of Class A common stock (in shares)   (23,746)   (23,746)        
Repurchase and retirement of Class A common stock (339) $ (300)       (339)    
Stock-based compensation 2,857         2,857    
Dividend equivalents on unvested restricted stock units forfeited 0         (2) 2  
Vesting of restricted stock units (in shares)       20,548        
Vesting of restricted stock units 0              
Shares of Class A common stock withheld related to net share settlement (in shares)       (6,189)        
Shares of Class A common stock withheld related to net share settlement (88)         (88)    
Purchase of membership interests (19)             (19)
Ending balance (in shares) at Sep. 30, 2024       21,051,820 40,333,019      
Ending balance at Sep. 30, 2024 1,157,896     $ 211 $ 403 53,780 1,102,962 540
Beginning balance (in shares) at Dec. 31, 2024   21,592,992 40,333,019 21,592,992 40,333,019      
Beginning balance at Dec. 31, 2024 1,254,010     $ 216 $ 403 51,996 1,200,908 487
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (23,959)           (23,897) (62)
Dividends paid (30,952)           (30,952)  
Repurchase and retirement of Class A common stock (in shares)       (35,216)        
Repurchase and retirement of Class A common stock (456)         (456)    
Stock-based compensation 1,602         1,602    
Dividend equivalents on unvested restricted stock units issued 0         556 (556)  
Dividend equivalents on unvested restricted stock units forfeited 0         (5) 5  
Ending balance (in shares) at Mar. 31, 2025       21,557,776 40,333,019      
Ending balance at Mar. 31, 2025 1,200,245     $ 216 $ 403 53,693 1,145,508 425
Beginning balance (in shares) at Dec. 31, 2024   21,592,992 40,333,019 21,592,992 40,333,019      
Beginning balance at Dec. 31, 2024 1,254,010     $ 216 $ 403 51,996 1,200,908 487
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 28,047              
Dividends paid (46,500)              
Repurchase and retirement of Class A common stock (in shares)   (96,437)            
Repurchase and retirement of Class A common stock   $ (1,300)            
Ending balance (in shares) at Sep. 30, 2025   21,920,361 40,333,019 21,920,361 40,333,019      
Ending balance at Sep. 30, 2025 1,237,581     $ 219 $ 403 54,858 1,181,657 444
Beginning balance (in shares) at Mar. 31, 2025       21,557,776 40,333,019      
Beginning balance at Mar. 31, 2025 1,200,245     $ 216 $ 403 53,693 1,145,508 425
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 18,663           18,661 2
Repurchase and retirement of Class A common stock (in shares)       (61,221)        
Repurchase and retirement of Class A common stock (812)     $ (1)   (811)    
Stock-based compensation 1,830         1,830    
Dividend equivalents on unvested restricted stock units forfeited 0         (4) 4  
Vesting of restricted stock units (in shares)       543,620        
Vesting of restricted stock units 0     $ 5   (5)    
Shares of Class A common stock withheld related to net share settlement (in shares)       (136,792)        
Shares of Class A common stock withheld related to net share settlement (1,828)     $ (1)   (1,827)    
Ending balance (in shares) at Jun. 30, 2025       21,903,383 40,333,019      
Ending balance at Jun. 30, 2025 1,218,098     $ 219 $ 403 52,876 1,164,173 427
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 33,343           33,326 17
Dividends paid (15,563)           (15,563)  
Stock-based compensation 1,864         1,864    
Dividend equivalents on unvested restricted stock units issued 0         280 (280)  
Dividend equivalents on unvested restricted stock units forfeited 0         (1) 1  
Vesting of restricted stock units (in shares)       25,143        
Vesting of restricted stock units 0              
Shares of Class A common stock withheld related to net share settlement (in shares)       (8,165)        
Shares of Class A common stock withheld related to net share settlement (161)         (161)    
Ending balance (in shares) at Sep. 30, 2025   21,920,361 40,333,019 21,920,361 40,333,019      
Ending balance at Sep. 30, 2025 $ 1,237,581     $ 219 $ 403 $ 54,858 $ 1,181,657 $ 444