Earnings Per Share

12 Months Ended

Dec. 31, 2024

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 potentially dilutive shares. The computation of basic earnings per share is presented as follows:

	December 31,
	2022		2023		2024
Net income	$	172,554	$	77,351	$	97,376
Less preferred dividend attributable to preferred shareholders	8,978		8,000		8,000
Net income available to common shareholders	$	163,576	$	69,351	$	89,376
Weighted average number of shares, basic and diluted	120,653,507		113,619,092		107,576,009
Earnings per share in U.S. Dollars, basic and diluted	$	1.36	$	0.61	$	0.83