Earnings Per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Earnings per share (“EPS”) has been computed by dividing net income available to common shares, adjusted for preferred dividends, by the weighted-average number of common shares outstanding during the period.

The following table provides our basic and diluted EPS calculation:

	For the Year Ended December 31,
	2023		2022		2021
Net income	$	5,251	$	475,317	$	6,445
Net income attributable to noncontrolling interest	(1,283)		(101,968)		(3,098)
Net income applicable to the Company	$	3,968	$	373,349	$	3,347
Weighted-average common shares outstanding - basic and diluted	16,152,043		16,152,043		16,152,043
EPS attributable to common shares - basic and diluted	$	0.25	$	23.11	$	0.21