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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a summary of the computation of basic and diluted earnings per share for each of the years in the three-year period ended December 31, 2022.
(Net income in thousands)Year ended December 31,
202220212020
Basic earnings (loss) per share:
Net income (loss) attributable to Common shareholders$6,161 $5,094 $(3,819)
Divided by:
Weighted average shares outstanding3,957,0973,946,3843,934,886
Basic earnings (loss) per common share$1.56 $1.29 $(0.97)
Diluted earnings (loss) per share:
Net income (loss) attributable to Common shareholders$6,161 $5,094 $(3,819)
Weighted average shares outstanding3,957,0973,946,3843,934,886
Effect of potentially dilutive restricted common shares5,8016,270(1)
Divided by:
Weighted average diluted shares outstanding3,962,8983,952,6543,934,886
Diluted earnings (loss) per common share$1.55 $1.29 $(0.97)
(1) The weighted average diluted shares outstanding does not include 3,039 anti-dilutive restricted common shares for the year ended December 31, 2020.