Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Earnings Per Share (Tables)

v3.23.3
Note 12 - Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

For the Three Months Ended

   

For the Nine Months Ended

 
   

September 30,

   

September 30,

 
   

2023

   

2022

   

2023

   

2022

 

Basic earnings per share

                               

Numerator:

                               

Net (loss) income

  $ (6,535 )     4,000       (6,407 )     12,463  

Net (income) loss attributable to noncontrolling interests

    (1,290 )     24       (1,516 )     200  

Net (loss) income available to shareholders

  $ (7,825 )     4,024       (7,923 )     12,663  

Denominator:

                               

Basic weighted average number of common shares outstanding

    14,354       15,409       14,354       15,452  

Basic (loss) earnings per share

  $ (0.55 )     0.26       (0.55 )     0.82  

Diluted (loss) earnings per share

                               

Numerator:

                               

Net (loss) income available to shareholders

  $ (7,825 )     4,024       (7,923 )     12,663  

Allocation of income to options on noncontrolling interests in real estate joint ventures

    (115 )           (112 )      

Diluted net (loss) income available to shareholders

  $ (7,940 )     4,024       (8,035 )     12,663  

Denominator:

                               

Basic weighted average number of common shares outstanding

    14,354       15,409       14,354       15,452  

Effect of dilutive restricted stock awards

          85             39  

Diluted weighted average number of common shares outstanding

    14,354       15,494       14,354       15,491  

Diluted (loss) earnings per share

  $ (0.55 )     0.26       (0.56 )     0.82