Years Ended December 31,

2022

2021

2020

Earnings attributable to common shareholders - basic and diluted:

Net income from continuing operations

$

46,561

$

130,710

$

138,211

Allocation for participating shares

(205)

575

636

Net income from continuing operations attributed to common shareholders

$

46,356

$

131,285

$

138,847

Earnings per share denominator - basis and diluted

Total weighted average common shares outstanding, including participating shares

14,672,234

14,894,532

15,071,955

Less: weighted average participating shares

(64,751)

(65,796)

(69,200)

Basic earnings per share denominator

14,607,483

14,828,736

15,002,755

Common equivalent shares- non-vested performance stock grants

103,128

96,990

116,272

Diluted earnings per share denominator

14,710,611

14,925,726

15,119,027

Basic earnings per share

$

3.17

$

8.85

$

9.25

Diluted earnings per share

$

3.15

$

8.80

$

9.18

Undistributed earnings attributable to common shareholders - basic and diluted:

Net income from continuing operations attributable to common shareholders -Basic

$

3.17

$

8.85

$

9.25

Dividends declared

(3.60)

(3.60)

Undistributed earnings

$

(0.43)

$

5.25

$

5.65

Net income from continuing operations attributable to common shareholders -Diluted

$