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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Calculation of Basic Earnings Per Share |
|  | (In thousands of dollars, except per share data) |
|  | Three Months Ended |
|  | March 31, 2023 |  |  | March 31, 2022 |
Earnings per share |  |  |  |  |  |
Net income |  | $ | 6,466 |  |  | $ | 8,102 |
Less: distributed earnings allocated to participating securities |  |  | (32 | ) |  |  | (21 | )
Less: undistributed earnings allocated to participating securities |  |  | (33 | ) |  |  | (48 | )
Net earnings available to common shareholders |  | $ | 6,401 |  |  | $ | 8,033 |
Weighted average common shares outstanding including participating securities |  |  | 13,615,655 |  |  |  | 13,066,272 |
Less: average unvested restricted shares |  |  | (136,185 | ) |  |  | (111,165 | )
Weighted average common shares outstanding |  |  | 13,479,470 |  |  |  | 12,955,107 |
Basic and diluted earnings per share |  | $ | 0.47 |  |  | $ | 0.62 |

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- 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
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