Income Per Share (Tables)

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Schedule of reconciliation of average shares outstanding

following table is a summary of the reconciliation of average shares outstanding for the three months ended March 31:

	2018		2017
Numerator:
Net income	$	1,612,230	$	1,226,088
Denominator:
Weighted average shares outstanding		5,489,087		5,458,475
Effect of dilutive shares		94,284		121,937
Weighted average shares outstanding - diluted		5,583,371		5,580,412
Earnings per share - basic	$	0.29	$	0.22
Earnings per share - diluted	$	0.29	$	0.22