Three Months Ended March 31,

2022

2021

Earnings attributable to common shareholders - basic and diluted:

Net income from continuing operations

$

7,838

$

36,174

Allocation of income for participating shares

(35)

(163)

Net income from continuing operations attributed to common shareholders

$

7,803

$

36,011

Earnings per share denominator - basic and diluted

Total weighted average common shares outstanding, including participating shares

14,693,931

14,856,760

Less: weighted average participating shares

(66,033)

(66,635)

Basic earnings per share denominator

14,627,898

14,790,125

Common equivalent shares- non-vested performance stock grants

99,809

96,369

Diluted earnings per share denominator

14,727,707

14,886,494

Basic earnings per share

$

0.53

$

2.44

Diluted earnings per share

$

0.53

$

2.42

Undistributed earnings attributable to common shareholders - basic and diluted:

Net income from continuing operations attributable to common shareholders -Basic

$

0.53

$

2.44

Dividends declared

(0.90)

(0.90)

Undistributed earnings

$

(0.37)

$

1.54

Net income from continuing operations attributable to common shareholders -Diluted

$

0.53

$

2.42

Dividends declared

(0.90)

(0.90)

Undistributed earnings

$

(0.37)

$

1.52