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Earnings (loss) per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings/(loss) per Share  
Schedule of Earnings Per Share, Basic and Diluted

Profit or loss attributable to common equity holders is adjusted by the amount of dividends on Series B Preferred Stock as follows:

    

2021

    

2020

    

2019

Net income/(loss)

$

57,394

$

(134,197)

$

(10,535)

Dividends on series B preferred shares

 

(5,769)

 

(5,769)

 

(5,769)

Net income/(loss) attributed to common stockholders

$

51,625

$

(139,966)

$

(16,304)

Weighted average number of common shares, basic

 

81,121,781

 

86,143,556

 

95,191,116

Incremental shares

 

3,735,059

 

 

Weighted average number of common shares, diluted

 

84,856,840

 

86,143,556

 

95,191,116

Earnings/(loss) per share, basic

$

0.64

$

(1.62)

$

(0.17)

Earnings/(loss) per share, diluted

$

0.61

$

(1.62)

$

(0.17)