v3.25.4
Consolidated Statements of Equity - USD ($)
Total
Common Stock
Additional Paid-In-Capital
Accumulated Earnings
Balance at Dec. 31, 2023 $ 271,853,391 $ 181,972 $ 277,483,092 $ (5,811,673)
Balance (in Shares) at Dec. 31, 2023   18,197,192    
Issuance of common stock, net of offering costs 38,371,489 $ 24,893 38,346,429 167
Issuance of common stock, net of offering costs (in Shares)   2,489,290    
Issuance of common stock from employee incentive plan (Note 10)   $ 1,427 (1,427)  
Issuance of common stock from employee incentive plan (Note 10) (in Shares)   142,746    
Stock-based compensation 3,058,674   3,058,674  
Dividends declared on restricted stock awards (409,276)     (409,276)
Dividends declared on common shares (40,961,584)     (40,961,584)
Net Income (Loss) 37,045,403     37,045,403
Balance at Dec. 31, 2024 $ 308,958,097 $ 208,292 318,886,768 (10,136,963)
Balance (in Shares) at Dec. 31, 2024 20,829,228 20,829,228    
Issuance of common stock, net of offering costs $ 872,736 $ 646 872,090  
Issuance of common stock, net of offering costs (in Shares)   64,557    
Issuance of common stock from employee incentive plan (Note 10)   $ 1,865 (1,865)  
Issuance of common stock from employee incentive plan (Note 10) (in Shares)   186,487    
Stock-based compensation 3,368,861   3,368,861  
Dividends declared on restricted stock awards (1,857,425)     (1,857,425)
Dividends declared on common shares (39,538,271)     (39,538,271)
Net Income (Loss) 36,010,478     36,010,478
Balance at Dec. 31, 2025 $ 307,814,476 $ 210,803 $ 323,125,854 $ (15,522,181)
Balance (in Shares) at Dec. 31, 2025 21,080,272 21,080,272