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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

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 six months ended
			June 30,												June 30,
			2024						2023						2024						2023
Numerator:
Net income (loss) attributable to common shareholders			$	4,861					$	7,157					$	(2,354)					$	321
Dividends on unvested shares and units			(32)						(28)						(64)						(55)

Net income (loss) attributable to common shareholders excluding amounts attributable to unvested shares and units			$	4,829					$	7,129					$	(2,418)					$	266
Denominator:
Weighted average number of common shares - basic			48,900,609						48,846,913						48,896,301						48,842,850

Unvested shares and units			112,921						115,929						—						122,058
Weighted average number of common shares - diluted			49,013,530						48,962,842						48,896,301						48,964,908
Basic income (loss) per common share:
Net income (loss) attributable to common shareholders per weighted average basic common share			$	0.10					$	0.15					$	(0.05)					$	0.01
Diluted income (loss) per common share:
Net income (loss) attributable to common shareholders per weighted average diluted common share			$	0.10					$	0.15					$	(0.05)					$	0.01