Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Common Share [Abstract]

Calculation of Basic and Diluted Earnings/(Loss) per Share

The components of the calculation of basic and diluted earnings / (loss) per common share are as follows:

	Year ended December 31,			Year ended December 31,		Year ended December 31,
	2021			2022		2023
Net income and comprehensive income from continuing operations, net of taxes		52,811,783			66,540,925		21,303,156
Net (loss) / income and comprehensive income / (loss) from discontinued operations, net of taxes		(541,296	)		52,019,765		17,339,332
Net income and comprehensive income	$	52,270,487		$	118,560,690	$	38,642,488
Less: Deemed dividend on Series A Preferred Shares		(11,772,157	)		—		—
Less: Dividend on Series D Preferred Shares		—			—		(1,020,833	)
Less: Deemed dividend on Series D Preferred Shares		—			—		(196,296	)
Less: Deemed dividend on warrants repurchased		—			—		(444,885	)
Net income and comprehensive income available to common shareholders, basic		40,498,330			118,560,690		36,980,474
Dividend on Series D Preferred Shares		—			—		1,020,833
Deemed dividend on Series D Preferred Shares		—			—		196,296
Net income attributable to common shareholders, diluted		40,498,330			118,560,690		38,197,603
Weighted average number of common shares outstanding, basic		83,923,435			94,610,088		95,710,781
Effect of dilutive shares		1,409,293			—		123,819,466
Weighted average number of common shares outstanding, diluted		85,332,728			94,610,088		219,530,247
Earnings per common share, basic, continuing operations	$	0.49		$	0.70	$	0.21
Earnings per common share, diluted, continuing operations	$	0.48		$	0.70	$	0.10
(Loss) / Earnings per common share, basic, discontinued operations	$	(0.01	)	$	0.55	$	0.18
(Loss) / Earnings per common share, diluted, discontinued operations	$	(0.01	)	$	0.55	$	0.08
Earnings per common share, basic, Total	$	0.48		$	1.25	$	0.39
Earnings per common share, diluted, Total	$	0.47		$	1.25	$	0.17