XML 35 R24.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Earnings Per Share (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Earnings Per Share [Abstract] |
Calculation of Basic Earnings Per Share |
|  | (in thousands of dollars) |  |  | (in thousands of dollars) |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, 2022 |  |  | September 30, 2021 |  |  | September 30, 2022 |  |  | September 30, 2021 |
Earnings per share |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 8,954 |  |  | $ | 5,920 |  |  | $ | 25,327 |  |  | $ | 15,812 |
Less: distributed earnings allocated to participating securities |  |  | (26 | ) |  |  | (20 | ) |  |  | (67 | ) |  |  | (49 | )
Less: undistributed earnings allocated to participating securities |  |  | (42 | ) |  |  | (31 | ) |  |  | (148 | ) |  |  | (77 | )
Net earnings available to common shareholders |  | $ | 8,886 |  |  | $ | 5,869 |  |  | $ | 25,112 |  |  | $ | 15,686 |
Weighted average common shares outstanding including participating securities |  |  | 13,083,145 |  |  |  | 11,209,732 |  |  |  | 13,071,859 |  |  |  | 11,199,309 |
Less: average unvested restricted shares |  |  | (99,838 | ) |  |  | (96,197 | ) |  |  | (111,209 | ) |  |  | (89,075 | )
Weighted average common shares outstanding |  |  | 12,983,307 |  |  |  | 11,113,535 |  |  |  | 12,960,650 |  |  |  | 11,110,234 |
Basic and diluted earnings per share |  | $ | 0.68 |  |  | $ | 0.53 |  |  | $ | 1.94 |  |  | $ | 1.41 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of income (loss) on basic earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI https://asc.fasb.org/extlink&oid=128363288&loc=d3e4984-109258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1278-109256 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration