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Earnings Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share ("EPS") is calculated by dividing net income (loss) attributable to the Company's common shareholders by the weighted average number of common shares outstanding for the period. The following table provides a reconciliation of the numerator and denominator of the EPS calculations:
Three months ended March 31,
20242023
Numerator
Net income$323,000 $14,000 
Preferred stock dividends(2,688,000)(2,688,000)
Net loss attributable to common shares$(2,365,000)$(2,674,000)
Denominator
Weighted average number of common shares outstanding13,718,00013,718,000
Net loss per common share attributable to common shareholders$(0.17)$(0.19)