XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.23.3

Earnings Per Share (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Earnings Per Share [Abstract] |
Calculation of Basic Earnings Per Share |
|  | (In thousands of dollars, except per share data) |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, 2023 |  |  | September 30, 2022 |  |  | September 30, 2023 |  |  | September 30, 2022 |
Earnings per share |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 4,777 |  |  | $ | 8,954 |  |  | $ | 17,244 |  |  | $ | 25,327 |
Less: distributed earnings allocated to participating securities |  |  | (33 | ) |  |  | (26 | ) |  |  | (95 | ) |  |  | (67 | )
Less: undistributed earnings allocated to participating securities |  |  | (20 | ) |  |  | (42 | ) |  |  | (90 | ) |  |  | (148 | )
Net earnings available to common shareholders |  | $ | 4,724 |  |  | $ | 8,886 |  |  | $ | 17,059 |  |  | $ | 25,112 |
Weighted average common shares outstanding including participating securities |  |  | 13,650,823 |  |  |  | 13,083,145 |  |  |  | 13,633,101 |  |  |  | 13,071,859 |
Less: average unvested restricted shares |  |  | (152,127 | ) |  |  | (99,838 | ) |  |  | (146,184 | ) |  |  | (111,209 | )
Weighted average common shares outstanding |  |  | 13,498,696 |  |  |  | 12,983,307 |  |  |  | 13,486,917 |  |  |  | 12,960,650 |
Basic and diluted earnings per share |  | $ | 0.35 |  |  | $ | 0.68 |  |  | $ | 1.26 |  |  | $ | 1.94 |

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