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Earnings per share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of computations of basic and diluted earnings per share
The computation of basic and diluted EPS for the three and six months ended June 30, 2022 and 2021 were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Net income (loss) for the computation of basic EPS$339,826 $249,751 $(1,661,004)$477,776 
Weighted average ordinary shares outstanding - basic240,367,450 128,243,450 240,008,449 128,064,564 
Basic EPS$1.41 $1.95 $(6.92)$3.73 
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Net income (loss) for the computation of diluted EPS$339,826 $249,751 $(1,661,004)$477,776 
Weighted average ordinary shares outstanding - diluted242,264,561 129,896,210 240,008,449 129,690,334 
Diluted EPS$1.40 $1.92 $(6.92)$3.68 
Schedule of computation of ordinary shares outstanding, excluding unvested restricted stock
The computations of ordinary shares outstanding, excluding shares of unvested restricted stock, as of June 30, 2022 and December 31, 2021 were as follows:
June 30, 2022December 31, 2021
Number of ordinary shares
Ordinary shares issued250,347,345 250,347,345 
Treasury shares(4,498,988)(4,951,897)
Ordinary shares outstanding245,848,357 245,395,448 
Shares of unvested restricted stock(5,032,769)(5,822,811)
Ordinary shares outstanding, excluding shares of unvested restricted stock240,815,588 239,572,637