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Earnings Per Share and Equity Transactions (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Summary of Earnings Per Share, Basic and Diluted
The following table reconciles the amounts used in calculating basic and diluted EPS:
Year ended December 31,
202320222021
Numerator:
Net income (loss) attributed to common shares$5,269 $52,233 $(5,360)
Earnings allocated to unvested restricted shares— — — 
Net income (loss) attributed to common shares - basic and diluted$5,269 $52,233 $(5,360)
Denominator:
Weighted average common shares outstanding - basic67,531,898 67,406,233 71,072,933 
Dilutive effect of unvested restricted shares (a)281,282 119,702 — 
Weighted average common shares outstanding - diluted67,813,180 67,525,935 71,072,933 
Basic and diluted earnings per common share:
Net income (loss) per common share - basic$0.08 $0.77 $(0.08)
Net income (loss) per common share - diluted$0.08 $0.77 $(0.08)
(a)For the year ended December 31, 2021, unvested restricted shares were anti-dilutive.