XML 23 R7.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Stockholders' Equity - USD ($)
Total
Capital Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive (Loss)/Income [Member]
Beginning balance at Dec. 31, 2018 $ 561,252,511 $ 445,496 $ (22,523,528) $ 501,807,478 $ 80,849,086 $ 673,979
Balance (in shares) at Dec. 31, 2018   44,549,729 (4,424,545)      
Stock based compensation 611,644     611,644    
Stock repurchase (1,837,617)   $ (1,837,617)      
Stock repurchase (in shares)     (540,910)      
Comprehensive income/(loss) for the year (839,898)       2,093,124 (2,933,022)
Ending balance at Dec. 31, 2019 559,186,640 $ 445,496 $ (24,361,145) 502,419,122 82,942,210 (2,259,043)
Ending Balance, (in shares) at Dec. 31, 2019   44,549,729 (4,965,455)      
Stock repurchase (1,012,235)   $ (1,012,235)      
Stock repurchase (in shares)     (359,792)      
Stock repurchase and cancellation (2,868,695) $ (13,660)   (2,855,035)    
Stock repurchase and cancellation (in shares)   (1,366,045)        
Comprehensive income/(loss) for the year 9,290,705       11,984,485 (2,693,780)
Ending balance at Dec. 31, 2020 564,596,415 $ 431,836 $ (25,373,380) 499,564,087 94,926,695 (4,952,823)
Ending Balance, (in shares) at Dec. 31, 2020   43,183,684 (5,325,247)      
Issuance of restricted shares and stock based compensation $ 610,788 $ 3,438   $ 607,350    
Issuance of restricted shares and stock based compensation (in shares)   343,744        
Distribution of net assets of Imperial Petroleum Inc. to stockholders (Note 1) (57,162,103)     (57,162,103)    
Comprehensive income/(loss) for the year $ (33,274,330)       (35,123,208) 1,848,878
Ending balance at Dec. 31, 2021 $ 474,770,770 $ 435,274 $ (25,373,380) $ 443,009,334 $ 59,803,487 $ (3,103,945)
Ending Balance, (in shares) at Dec. 31, 2021   43,527,428 (5,325,247)