Net Income (Loss) Per Common Share

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Net Income (Loss) Per Common Share

NET INCOME PER COMMON SHARE

Please refer to Note 1 for information regarding the Company’s treatment of its preferred stock and stock awards in the calculation of its basic and diluted net income per common share and to Note 7 for information regarding the Company’s stock award activity for the periods presented. The following table presents the computations of basic and diluted net income per common share for the periods indicated:

	Year Ended
	December 31,
	2022		2021		2020
Weighted average number of common shares outstanding - basic	42,491,433		32,596,272		23,106,200
Incremental common shares-unvested RSUs	76,950		55,019		—
Incremental common shares-unvested PSUs	174,654		110,040		—
Weighted average number of common shares outstanding - diluted	42,743,037		32,761,331		23,106,200
Net income to common shareholders	$	135,467	$	90,945	$	160,017
Net income per common share-basic	$	3.19	$	2.79	$	6.93
Net income per common share-diluted	$	3.17	$	2.78	$	6.93