XML 68 R50.htm IDEA: XBRL DOCUMENT v3.25.1
Shareholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a summary of the computation of basic and diluted earnings per share for each of the years in the three-year period ended December 31, 2024.
(Net income in thousands)Year ended December 31,
202420232022
Basic (loss) earnings per share:
Net (loss) income attributable to Common shareholders$(39,882)$(4,179)$6,161 
Divided by:
Weighted average shares outstanding3,976,2243,965,3243,957,097
Basic (loss) earnings per common share$(10.03)$(1.05)$1.56 
Diluted (loss) earnings per share:
Net (loss) income attributable to Common shareholders$(39,882)$(4,179)$6,161 
Weighted average shares outstanding3,976,2243,965,3243,957,097
Effect of potentially dilutive restricted shares of common stock—(1)—(2)5,801
Divided by:
Weighted average diluted shares outstanding3,976,2243,965,3243,962,898
Diluted (loss) earnings per common share$(10.03)$(1.05)$1.55 
(1) The weighted average diluted shares outstanding does not include 40,473 anti-dilutive restricted shares of common stock for the year ended December 31, 2024.
(2)The weighted average diluted shares outstanding does not include 11,438 anti-dilutive restricted shares of common stock for the year ended December 31, 2023.