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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 2025
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following information sets forth the computations of basic and diluted earnings per common share for the three and nine months ended September 30, 2025 and 2024:
| Three months ended September 30, |  | Nine months ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Net income | $ | 4,054,959 |  |  | $ | 1,738,363 |  |  | $ | 10,512,710 |  |  | $ | 5,014,451 |
Dividends paid on unvested restricted stock | (55,606) |  |  | — |  |  | (196,787) |  |  | — |
Net income attributable to common shareholders | 3,999,353 |  |  | 1,738,363 |  |  | 10,315,923 |  |  | 5,014,451 |
Divided by: |  |  |  |  |  |  |
Basic weighted average shares of common stock outstanding | 13,247,030 |  |  | 6,800,500 |  |  | 12,571,091 |  |  | 6,800,500 |
Weighted average unvested restricted stock | 37,056 |  |  | 25,405 |  |  | 24,665 |  |  | 25,405 |
Diluted weighted average shares of common stock outstanding | 13,284,086 |  |  | 6,825,905 |  |  | 12,595,756 |  |  | 6,825,905 |
Basic earnings per common share | $ | 0.30 |  |  | $ | 0.26 |  |  | $ | 0.82 |  |  | $ | 0.74 |
Diluted earnings per common share | $ | 0.30 |  |  | $ | 0.25 |  |  | $ | 0.82 |  |  | $ | 0.73 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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