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Net Income Per Share | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Net Income Per Share | 16. Net Income Per Share Diluted income / (loss) per common share, if applicable, reflects the potential dilution that could occur if potentially dilutive instruments were exercised, resulting in the issuance of additional shares that would then share in the Company’s net income. For the year ended December 31, 2024, the Company excluded the effect of 247,934 non-vested share awards, which all vested on December 31, 2024, in calculating dilutive net income per shares for its common shareholders as they were anti-dilutive. For the year ended December 31, 2023, the Company excluded the effect of 495,867 non-vested share awards, from which 247,933 vested on December 31, 2023, in calculating dilutive EPS for its common shareholders as they were anti-dilutive. For the year ended December 31, 2022, the Company excluded the effect of 745,769 non-vested share awards, from which 249,902 vested on December 31, 2022, in calculating dilutive EPS for its common shareholders as they were anti-dilutive. The non-vested shares are participating securities because they received distributions from the Company and these distributions did not have to be returned to the Company if the non-vested shares were forfeited by the grantee. 16. Net Income Per Share - Continued The two-class method used to calculate EPS from continuing operations is as follows: Net Income Per Unit - Basic and Diluted (Table)
BASIC AND DILUTED |  | 2024 |  |  | 2023 |  |  | 2022
Numerators |  |  |  |  |  |  |  |
Company’s net income from continuing operations | $ | 55,632 |  | $ | 8,285 |  | $ | 86,280
Less: |  |  |  |  |  |  |  |
General Partner’s interest in Company’s net income |  | 190 |  |  | 64 |  |  | 1,483
Deemed dividend to General Partner |  | 46,184 |  |  | — |  |  | —
Company’s net income allocable to unvested shares |  | 205 |  |  | 54 |  |  | 2,434
Net income attributable to common shareholders | $ | 9,053 |  | $ | 8,167 |  | $ | 82,363
Denominators |  |  |  |  |  |  |  |
Weighted average number of common shares outstanding, basic and diluted |  | 56,094,666 |  |  | 21,182,471 |  |  | 19,325,030
Net income per common share: |  |  |  |  |  |  |  |
Basic and Diluted (in United States Dollars) | $ | 0.16 |  | $ | 0.38 |  | $ | 4.26

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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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