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Earnings Per Share (Tables)

9 Months Ended

Sep. 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 nine months ended
			September 30,												September 30,
			2024						2023						2024						2023
Numerator:
Net income (loss) attributable to common shareholders			$	2,264					$	5,342					$	(88)					$	5,662
Dividends on unvested shares and units			(32)						(27)						(96)						(83)

Net income (loss) attributable to common shareholders excluding amounts attributable to unvested shares and units			$	2,232					$	5,315					$	(184)					$	5,579
Denominator:
Weighted average number of common shares - basic			48,904,179						48,850,339						48,898,947						48,845,374

Unvested shares and units			162,285						153,745						—						130,711
Weighted average number of common shares - diluted			49,066,464						49,004,084						48,898,947						48,976,085
Basic income per common share:
Net income attributable to common shareholders per weighted average basic common share			$	0.05					$	0.11					$	—					$	0.11
Diluted income per common share:
Net income attributable to common shareholders per weighted average diluted common share			$	0.05					$	0.11					$	—					$	0.11