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Note 13 - Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

		2021				2022				2023
Income:
Net income			42,963,660				106,244,916				114,549,279
Dividends to Series B preferred shares			(255,324	)			-				-
Preferred deemed dividend			(345,628	)			-				-
Net income attributable to common shareholders			42,362,708				106,244,916				114,549,279
Weighted average common shares –outstanding, basic			6,976,905				7,181,561				6,931,280
Basic earnings per share			6.07				14.79				16.53
Effect of dilutive securities:
Dilutive effect of non-vested shares			16,500				8,546				4,780
Weighted average common shares –outstanding, diluted			6,993,405				7,190,107				6,936,060
Diluted earnings per share			6.06				14.78				16.52

X

- 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

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- References

No definition available.

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