XML 55 R39.htm IDEA: XBRL DOCUMENT v3.21.1
Earnings/(loss) per share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share Calculation
The Company calculates basic and diluted earnings per share as follows:
 
    
Year Ended December 31,
 
    
2018
    
2019
    
2020
 
Numerator
                          
Net (loss)/income
     (12,276,520      2,093,124        11,984,485  
Less: Undistributed earnings allocated to
non-vested
shares
     —          (8,922      —    
    
 
 
    
 
 
    
 
 
 
Net (loss)/income attributable to common shareholders, basic
     (12,276,520      2,084,202        11,984,485  
    
 
 
    
 
 
    
 
 
 
Denominator
                          
    
 
 
    
 
 
    
 
 
 
Weighted average number of shares outstanding, basic and diluted
     39,860,563        39,800,434        38,357,893  
    
 
 
    
 
 
    
 
 
 
(Loss)/earnings per share, basic and diluted
     (0.31      0.05        0.31