XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.23.2

Earnings Per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Earnings Per Share [Abstract] |
Calculation of Basic Earnings Per Share |
|  | (In thousands of dollars, except per share data) |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, 2023 |  |  | June 30, 2022 |  |  | June 30, 2023 |  |  | June 30, 2022 |
Earnings per share |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 6,001 |  |  | $ | 8,271 |  |  | $ | 12,467 |  |  | $ | 16,373 |
Less: distributed earnings allocated to participating securities |  |  | (31 | ) |  |  | (21 | ) |  |  | (62 | ) |  |  | (42 | )
Less: undistributed earnings allocated to participating securities |  |  | (35 | ) |  |  | (48 | ) |  |  | (69 | ) |  |  | (96 | )
Net earnings available to common shareholders |  | $ | 5,935 |  |  | $ | 8,202 |  |  | $ | 12,336 |  |  | $ | 16,235 |
Weighted average common shares outstanding including participating securities |  |  | 13,632,440 |  |  |  | 13,065,975 |  |  |  | 13,624,094 |  |  |  | 13,066,123 |
Less: average unvested restricted shares |  |  | (150,065 | ) |  |  | (108,849 | ) |  |  | (143,163 | ) |  |  | (110,004 | )
Weighted average common shares outstanding |  |  | 13,482,375 |  |  |  | 12,957,126 |  |  |  | 13,480,931 |  |  |  | 12,956,119 |
Basic and diluted earnings per share |  | $ | 0.44 |  |  | $ | 0.63 |  |  | $ | 0.92 |  |  | $ | 1.25 |

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://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482635/260-10-55-52 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration