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Earnings/(loss) per Share | 6 Months Ended
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Jun. 30, 2025
Earnings/(loss) per Share [Abstract] |
Earnings/(loss) per Share | 12. Earnings/(loss) per Share All common shares issued (including the restricted shares issued under the Company’s incentive plans) are the Company’s common stock and have equal rights to vote and participate in dividends. The calculation of basic earnings per share does not treat the non-vested shares (not considered participating securities) as outstanding until the time/service-based vesting restriction has lapsed. The dilutive effect on unexercised warrants that are in-the-money, is computed using the treasury stock method which assumes that the proceeds upon exercise of these warrants are used to purchase common shares at the average market price for the period. Incremental shares are the number of shares assumed issued under the treasury stock method weighted for the periods the non-vested shares were outstanding. During the six months ended June 30, 2025 and 2024, there were no incremental shares included in the denominator of the diluted earnings per share calculation. Securities that could potentially dilute basic earnings per share in the future but were not included in the computation of diluted earnings per share— because their inclusion would have been anti-dilutive—consist of any incremental shares from unexercised warrants that were out of the money during the reporting period and any incremental shares resulting from the non-vested restricted share awards. For the six months ended June 30, 2025 2024 Net income/(loss) $ 7,539 $ (706) Dividends on series B preferred shares (2,884) (2,884) Net income/(loss) attributable to common stockholders $ 4,655 $ (3,590) Weighted average number of common shares, basic and diluted 110,095,604 112,818,414 Earnings/(loss) per share, basic and diluted $ 0.04 $ (0.03)

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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