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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Schedule of Reconciliation of Amounts Used in Calculating Basic and Diluted Net Income (Loss) Per Share

The following is a reconciliation of the amounts used in calculating basic and diluted net income per common share (in thousands, except share and per share data):


			For the three months ended												For the nine months ended
			September 30,												September 30,
			2023						2022						2023						2022
Numerator:
Net income attributable to common shareholders			$	5,342					$	10,141					$	5,662					$	5,872
Dividends on unvested shares and units			(27)						—						(83)						—

Net income attributable to common shareholders excluding amounts attributable to unvested shares and units			$	5,315					$	10,141					$	5,579					$	5,872
Denominator:
Weighted average number of common shares - basic			48,850,339						48,798,528						48,845,374						48,793,839

Unvested shares and units			153,745						274,367						130,711						229,996
Weighted average number of common shares - diluted			49,004,084						49,072,895						48,976,085						49,023,835
Basic income per common share:
Net income attributable to common shareholders per weighted average basic common share			$	0.11					$	0.21					$	0.11					$	0.12
Diluted income per common share:
Net income attributable to common shareholders per weighted average diluted common share			$	0.11					$	0.21					$	0.11					$	0.12