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Quarterly report pursuant to Section 13 or 15(d)

Changes in Equity (Tables)

v3.21.1
Changes in Equity (Tables)
 3 Months Ended
Mar. 31, 2021
Equity [Abstract] Ìý
Schedule of Stockholders Equity
The following tables present changes in our equity for the three months ended March 31, 2021 and 2020 (in thousands, except shares and per share amounts):

Sub-share Certificates Common Stock
Number of shares Number of shares Par Value Accum. Other Comp. Loss Retained Earnings Net Proceeds from All Sources Total Equity
For the three months ended March 31, 2021:
Balances as of December 31, 2020
 7,756,156Ìý —Ìý $ —Ìý $ (2,693) $ —Ìý $ 487,877Ìý $ 485,184Ìý
Net income —Ìý —Ìý —Ìý —Ìý 50,052Ìý —Ìý 50,052Ìý
Dividends paid ($2.75 per common share)
 —Ìý —Ìý —Ìý —Ìý (21,329) —Ìý (21,329)
Conversion of Sub-shares into shares of common stock (7,756,156) 7,756,156Ìý 78Ìý —Ìý 487,799Ìý (487,877) —Ìý
Other comprehensive income —Ìý —Ìý —Ìý 28Ìý —Ìý —Ìý 28Ìý
Balances as of March 31, 2021
 —Ìý 7,756,156Ìý $ 78Ìý $ (2,665) $ 516,522Ìý $ —Ìý $ 513,935Ìý

Sub-share Certificates Accum. Other Comp. Loss Net Proceeds from All Sources Total Capital
For the three months ended March 31, 2020:
Balances as of December 31, 2019
 7,756,156Ìý $ (1,461) $ 513,598Ìý $ 512,137Ìý
Net income —Ìý —Ìý 57,401Ìý 57,401Ìý
Dividends paid ($16.00 per Sub-share)
 —Ìý —Ìý (124,098) (124,098)
Cumulative effect of accounting change —Ìý —Ìý (110) (110)
Other comprehensive income —Ìý 13Ìý —Ìý 13Ìý
Balances as of March 31, 2020
 7,756,156Ìý $ (1,448) $ 446,791Ìý $ 445,343Ìý