Equity (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of Reconciliation of the Numerator and Denominator of Earnings Per Share

The following table provides a reconciliation of the numerator and denominator of earnings per share calculations (amounts in thousands, except per share amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Numerator for basic and diluted earnings per share:
Net income	$	11,238	$	35,643	$	7,176	$	47,187
Deduct net income attributable to non-controlling interests	(36)		(36)		(72)		(72)
Deduct earnings allocated to unvested restricted stock	(561)		(1,787)		(349)		(2,354)
Net income available for common stockholders: basic and diluted	$	10,641	$	33,820	$	6,755	$	44,761
Denominator for basic earnings per share:
Weighted average number of common shares outstanding	18,155,062		17,671,073		18,110,508		17,616,740
Effect of dilutive securities:
RSUs	65,752		55,270		47,296		73,861
Denominator for diluted earnings per share:
Weighted average number of shares	18,220,814		17,726,343		18,157,804		17,690,601
Earnings per common share, basic	$	0.59	$	1.91	$	0.37	$	2.54
Earnings per common share, diluted	$	0.58	$	1.91	$	0.37	$	2.53