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Basic And Diluted Earnings (Loss) Per Common Share ("EPS") (Tables)
3 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Summary of Reconciliation of Components of Basic and Diluted EPS

The following table presents a reconciliation of the components of basic and diluted EPS.

 

Three Months Ended December 31,

 

 

2022

 

 

2021

 

Basic EPS

 

 

 

 

 

Numerator:

 

 

 

 

 

Basic net income (loss)

$

3,346,133

 

 

$

6,682,249

 

Denominator:

 

 

 

 

 

Common Shares

 

35,438,388

 

 

 

32,895,631

 

Unissued, directors' deferred compensation shares

 

241,352

 

 

 

232,091

 

Basic weighted average shares outstanding

 

35,679,740

 

 

 

33,127,722

 

Basic EPS

$

0.09

 

 

$

0.20

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

Numerator:

 

 

 

 

 

Basic net income (loss)

$

3,346,133

 

 

$

6,682,249

 

Diluted net income (loss)

 

3,346,133

 

 

 

6,682,249

 

Denominator:

 

 

 

 

 

Basic weighted average shares outstanding

 

35,679,740

 

 

 

33,127,722

 

Effects of dilutive securities:

 

 

 

 

 

Unvested restricted stock

 

809,613

 

 

 

-

 

Diluted weighted average shares outstanding

 

36,489,353

 

 

 

33,127,722

 

Diluted EPS

$

0.09

 

 

$

0.20