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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share Tables  
Basic and diluted earnings per share calculation data

 

The following table represents the reconciliation of the Company's basic earnings per share and diluted earnings per share computations reported on the Consolidated Statements of Operations for the three months ended March 31, 2014 and 2013:

   Three Months Ended
        March 31
   2014  2013
Basic Earnings Per Share      
Net income  $591,783   $8,336 
           
Weighted average shares outstanding   5,341,147    5,341,147 
           
     Basic earnings per share  $0.11   $0.00 
           
Diluted Earnings per Share          
Net income  $591,783   $8,336 
           
Weighted average shares outstanding   5,341,147    5,341,147 
Effect of common share equivalents   4,331    3,316 
Diluted shares outstanding   5,345,478    5,344,463 
           
     Diluted earnings per share  $0.11   $0.00