XML 77 R63.htm IDEA: XBRL DOCUMENT v3.24.0.1
(Loss)/Earnings Per Common Share (Details) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
(Loss)/Earnings Per Common Share [Abstract]      
Net (loss)/income $ 140,636,993 $ 49,926,383 $ (1,430,391)
Comprehensive (loss)/income 140,636,993 49,926,383 (1,430,391)
Dividend on Series A Preferred Shares (1,166,667) 0 0
Deemed dividend on Series A Preferred Shares (2,429,275) 0 0
Undistributed earnings to non-vested participating securities (2,805,275) 0 0
Net (loss)/income attributable to common shareholders, basic 134,235,776 49,926,383 (1,430,391)
Undistributed earnings to non-vested participating securities 2,805,275 0 0
Undistributed earnings reallocated to non-vested participating securities (926,641) 0 0
Dividend on Series A Preferred Shares 1,166,667 0 0
Deemed dividend on Series A preferred shares 2,429,275 0 0
Net (loss)/income attributable to common Shareholders, diluted $ 139,710,352 $ 49,926,383 $ (1,430,391)
Weighted average number of common shares outstanding, basic (in shares) 15,443,485 9,461,009 9,461,009
Effect of dilutive shares (in shares) 33,216,240 33,216,240 0
Weighted average number of common shares outstanding, diluted (in shares) 48,659,725 42,677,249 9,461,009
(Loss)/Earnings per common share, basic (in dollars per share) $ 8.69 $ 5.28 $ (0.15)
(Loss)/Earnings per common share, diluted (in dollars per share) $ 2.87 $ 1.17 $ (0.15)