| Schedule of Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share |
The following represents a reconciliation of the numerator and denominator of the basic and diluted earnings per common share computations contained in the condensed consolidated financial statements: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | (in thousands, except share and per share amounts) | | Net income (loss) from continuing operations | $ | 6,620 | | | $ | 5,120 | | | $ | (2,154) | | | $ | 16,108 | | | Less: Dividends on Series A preferred shares | (1,969) | | | (1,969) | | | (3,938) | | | (3,938) | | | Income (loss) from continuing operations available to common shareholders | $ | 4,651 | | | $ | 3,151 | | | $ | (6,092) | | | $ | 12,170 | | | Loss from discontinued operations | (221) | | | (361) | | | (370) | | | (1,775) | | | Net income (loss) available to common shareholders | $ | 4,430 | | | $ | 2,790 | | | $ | (6,462) | | | $ | 10,395 | | | | | | | | | | | Weighted average common shares outstanding: | | | | | | | | | Basic | 46,319,945 | | | 46,032,626 | | | 46,210,545 | | | 45,918,697 | | | Dilutive potential common shares | 642,331 | | | 693,629 | | | — | | | 513,784 | | | Diluted | 46,962,276 | | | 46,726,255 | | | 46,210,545 | | | 46,432,481 | | | | | | | | | | | Net income (loss) per common share: | | | | | | | | | Basic | | | | | | | | | Continuing operations | $ | 0.10 | | | $ | 0.07 | | | $ | (0.13) | | | $ | 0.27 | | | Discontinued operations | $ | — | | | $ | (0.01) | | | $ | (0.01) | | | $ | (0.04) | | | $ | 0.10 | | | $ | 0.06 | | | $ | (0.14) | | | $ | 0.23 | | | Diluted | | | | | | | | | Continuing operations | $ | 0.10 | | | $ | 0.07 | | | $ | (0.13) | | | $ | 0.26 | | | Discontinued operations | $ | — | | | $ | (0.01) | | | $ | (0.01) | | | $ | (0.04) | | | $ | 0.10 | | | $ | 0.06 | | | $ | (0.14) | | | $ | 0.22 | |
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