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Weighted Average Common Shares
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Weighted Average Common Shares Weighted Average Common Shares
We calculate net income per common share - basic using the two class method. We calculate net income per common share - diluted using the more dilutive of the two class or treasury stock method. Unvested share awards are considered participating securities and the related impact on earnings are considered when calculating net income per common share - basic and net income per common share - diluted.
The calculation of net income per common share - basic and diluted is as follows (amounts in thousands, except per share data):
Three Months Ended March 31,
20232022
Numerators:
Net income$7,803 $11,126 
Net income attributable to unvested share awards(67)(70)
Net income used in calculating net income per common share - basic and diluted$7,736 $11,056 
Denominators
Weighted average common shares outstanding - basic14,582 14,505 
Effect of dilutive securities: unvested share awards — 14 
Weighted average common shares outstanding - diluted14,582 14,519 
Net income per common share - basic and diluted$0.53 $0.76