Earnings Per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Diluted earnings per share are the same as basic earnings per share. There are no other potentially dilutive shares. The computation of basic earnings per share is presented as follows:

	December 31,
	2021		2022		2023
Net income	$	174,348	$	172,554	$	77,351
Less preferred dividend attributable to preferred shareholders	11,064		8,978		8,000
(Plus) Mezzanine equity measurement	(271)		—		—
Net income available to common shareholders	$	163,555	$	163,576	$	69,351
Weighted average number of shares, basic and diluted	113,716,354		120,653,507		113,619,092
Earnings per share in U.S. Dollars, basic and diluted	$	1.44	$	1.36	$	0.61