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Earnings / (loss) per Share (Tables)
 12 Months Ended
Dec. 31, 2024
Earnings / (loss) per Share [Abstract]  
Net (Loss)/ Income Per Common Share
The calculation of net (loss) / income per common share is summarized below:

    Year ended

Year ended

From
January 20, 2022
through
  
 
   December 31, 2024

December 31, 2023

December 31, 2022
  
 
                  
Net (loss) / income
 
$
(3,383
)
   $ 221    
$
37,490
  
Less: Dividends on Series C preferred shares
    
-
       -      
(743
)
Less: Dividends to non-vested participating securities
    
-
       (95 )    
(667
)
Less: Undistributed earnings to non-vested participating securities
    
-
       -      
(994
)
Net (loss) / income attributable to common shareholders, basic
  
$
(3,383
)
   $ 126    
$
35,086
  
 
                        
Undistributed earnings to non-vested participating securities
  
$
-
     $ -    
$
994
  
Undistributed earnings reallocated to non-vested participating securities
    
-
       -      
(621
)
Effect of Series C preferred shares
    
-
       -      
476
  
Net (loss) / income attributable to common shareholders, diluted
  
$
(3,383
)
   $ 126    
$
35,935
  
 
                        
Weighted average common shares outstanding – basic
    
8,711,951
       8,359,487      
4,503,397
  
Effect of dilutive securities:
                        
Dilutive effect of Series C preferred shares
    
-
       -      
2,796,164
  
Weighted average common shares outstanding – diluted
    
8,711,951
       8,359,487      
7,299,561
  
 
                        
Net (loss) / income per share attributable to common shareholders, basic
  
$
(0.39
)
   $ 0.02    
$
7.79
  
Net (loss) / income per share attributable to common shareholders, diluted
  
$
(0.39
)
   $ 0.02    
$
4.92