Basic And Diluted Earnings (Loss) Per Common Share ("EPS") (Tables)

9 Months Ended

Sep. 30, 2023

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 September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Basic EPS
Numerator:
Basic net income (loss)	$	1,895,403	$	9,158,468	$	11,407,356	$	13,727,023
Denominator:
Common Shares		35,713,177		35,346,182		35,708,346		34,618,459
Unissued, directors' deferred compensation shares		269,939		227,631		253,224		214,968
Basic weighted average shares outstanding		35,983,116		35,573,813		35,961,570		34,833,427
Basic EPS	$	0.05	$	0.26	$	0.32	$	0.39
Diluted EPS
Numerator:
Basic net income (loss)	$	1,895,403	$	9,158,468	$	11,407,356	$	13,727,023
Diluted net income (loss)		1,895,403		9,158,468		11,407,356		13,727,023
Denominator:
Basic weighted average shares outstanding		35,983,116		35,573,813		35,961,570		34,833,427
Effects of dilutive securities:
Unvested restricted stock		673,156		343,065		708,924		370,814
Diluted weighted average shares outstanding		36,656,272		35,916,878		36,670,494		35,204,241
Diluted EPS	$	0.05	$	0.25	$	0.31	$	0.39