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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2023
EARNINGS PER SHARE |
Schedule of basic and diluted earnings per share | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
(in thousands, except per share amounts) |  | 2023 |  | 2022 | ​ | 2021
Basic earnings (loss) per common share: |  | ​ |  |  | ​ |  | ​ |  | ​
Net income (loss) - basic | ​ | $ | 58,291 | ​ | $ | 20,346 | ​ | $ | 16,255
Weighted shares outstanding | ​ |  | 11,438,965 | ​ |  | 11,416,667 | ​ |  | 11,410,728
Basic earnings (loss) per common share: | ​ | $ | 5.10 | ​ | $ | 1.78 | ​ | $ | 1.42
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted earnings (loss) per common share: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income (loss) - basic | ​ | $ | 58,291 | ​ | $ | 20,346 | ​ | $ | 16,255
Weighted shares outstanding - basic | ​ | ​ | 11,438,965 | ​ | ​ | 11,416,667 | ​ | ​ | 11,410,728
Effect of dilutive securities | ​ | ​ | 67,995 | ​ | ​ | — | ​ | ​ | —
Weighted shares outstanding - diluted | ​ | ​ | 11,506,960 | ​ | ​ | 11,416,667 | ​ | ​ | 11,410,728
Diluted earnings (loss) per common share | ​ | $ | 5.07 | ​ | $ | 1.78 | ​ | $ | 1.42
​

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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