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Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2022
Earnings per Share [Abstract]  
Net Income per Common Share
The calculation of net income per common share is summarized below:


  
For the years ended December 31,
  
   
2022
    
2021
    
2020
  
                   
Net income / (loss)
  
$
17,239
    
$
41,348
    
$
(18,356
)
Less: Dividends to non-vested participating securities
    
(227
)
    
-
      
-
  
Less: Undistributed earnings to non-vested participating securities
    
(105
)
    
-
      
-
  
Net income / (loss) attributable to common shareholders, basic
  
$
16,907
    
$
41,348
    
$
(18,356
)
                         
Undistributed earnings to non-vested participating securities
  
$
105
    
$
-
    
$
-
  
Undistributed earnings reallocated to non-vested participating securities
    
(51
)
    
-
      
-
  
Interest effect of convertible notes
    
-
      
6,473
      
-
  
Net income / (loss) attributable to common shareholders, diluted
  
$
16,961
    
$
47,821
    
$
(18,356
)
                         
Weighted average common shares outstanding, basic
    
17,439,033
      
15,332,191
      
3,343,628
  
Effect of dilutive securities:
                        
   Warrants
    
245,015
      
541,009
      
-
  
   Non-vested participating securities
    
-
      
169,522
      
-
  
   Convertible notes shares
    
-
      
3,091,031
      
-
  
Weighted average common shares outstanding, diluted
    
17,684,048
      
19,133,753
      
3,343,628
  
                         
Net income / (loss) per share attributable to common shareholders, basic
  
$
0.97
    
$
2.70
    
$
(5.49
)
Net income / (loss) per share attributable to common shareholders, diluted
  
$
0.96
    
$
2.50
     $ (5.49 )