Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

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, 2023.

(Net income in thousands)	Year ended December 31,
	2023			2022		2021
Basic (loss) earnings per share:
Net (loss) income attributable to Common shareholders	$	(4,179)		$	6,161	$	5,094
Divided by:
Weighted average shares outstanding	3,965,324			3,957,097		3,946,384
Basic (loss) earnings per common share	$	(1.05)		$	1.56	$	1.29
Diluted (loss) earnings per share:
Net (loss) income attributable to Common shareholders	$	(4,179)		$	6,161	$	5,094
Weighted average shares outstanding	3,965,324			3,957,097		3,946,384
Effect of potentially dilutive restricted common shares	—		(1)	5,801		6,270
Divided by:
Weighted average diluted shares outstanding	3,965,324			3,962,898		3,952,654
Diluted (loss) earnings per common share	$	(1.05)		$	1.55	$	1.29

(1) The weighted average diluted shares outstanding does not include 11,438 anti-dilutive restricted common shares for the year ended December 31, 2023.