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Earnings per share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes the computation of basic and diluted earnings per share for the three months ended March 31, 2023 and 2022:
(Net income in thousands)Three Months Ended March 31,
20232022
Basis earnings per share:
Net income attributable to Common shareholders$(53)$800 
Divided by:
Weighted average shares outstanding3,965,1863,956,492
Basic earnings per common share$(0.01)$0.20 
Diluted earnings per share:
Net income attributable to Common shareholders$(53)$800 
Weighted average shares outstanding3,965,1863,956,492
Effect of potentially dilutive restricted common shares— (1)9,510
Divided by:
Weighted average diluted shares outstanding3,965,1863,966,002
Diluted earnings per common share$(0.01)$0.20 
(1)
The weighted average diluted shares outstanding does not include 491 anti-dilutive restricted common shares for the three months ended March 31, 2023.