Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2021

Summary of Cash and Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash and cash equivalents and restricted cash as reported in the unaudited condensed consolidated balance sheets that totals to the amounts shown in the unaudited condensed consolidated statements of cash flows at the dates indicated (in thousands):


	March 31,		December 31,
	2021		2020

Cash and cash equivalents	$	58,985	$	39,293
Restricted cash	12,377		12,772
Total cash, cash equivalents and restricted cash shown in the
unaudited condensed consolidated statements of cash flows	$	71,362	$	52,065

Schedule of Common Stock Outstanding

The following table reconciles our outstanding common stock for the periods indicated:


						Common
						shares

Balance, January 1, 2021						4,243,716
Vesting of restricted stock unit awards						8,544
Shares withheld to cover taxes upon vesting of restricted stock unit awards						(1,245)
Balance, March 31, 2021						4,251,015

Schedule of Earnings Per Share, Basic and Diluted

A reconciliation of the calculation of basic and diluted earnings (losses) per share was as follows for the periods indicated (in thousands, except per share data):


	Three Months Ended
	March 31,
	2021		2020
Earnings (losses) per share — numerator:
Net earnings (losses)	$	2,808	$	(11,427)

Denominator:
Basic weighted average number of shares outstanding	4,246		4,236

Basic earnings (losses) per share	$	0.66	$	(2.70)

Diluted earnings (losses) per share:
Diluted weighted average number of shares outstanding:
Common shares	4,246		4,236
Restricted stock unit awards	18		12
Performance share unit awards (1)	7		2
Total diluted shares	4,271		4,250

Diluted earnings (losses) per share	$	0.66	$	(2.69)

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(1)The dilutive effect of performance share awards are included in the calculation of diluted earnings per share when the performance share award performance conditions have been achieved.