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Consolidated Statement of Changes in Stockholders' Equity - 6 months ended Jun. 30, 2017 - USD ($)
Total
Common Shares
Paid in Capital
Retained Earnings (Deficit)
Balance at Dec. 31, 2016 $ 97,179,916 $ 225,443 $ 107,668,599 $ (10,714,126)
Balance, shares at Dec. 31, 2016   11,272,150    
Cumulative effect change in accounting principle (as described in Note 2) at Dec. 31, 2016 646,031 $ 0 (27,830) 673,861
Adjusted balance at Dec. 31, 2016 97,825,947 225,443 107,640,769 (10,040,265)
Shares issued for vested employee restricted stock units 0 $ 1,771 (1,771) 0
Shares issued for vested employee restricted stock units, shares   88,543    
Shares issued for option exercises $ 2,935,000 $ 5,700 2,929,300 0
Shares issued for option exercises, shares 285,000 285,000    
Stock based compensation, net $ 1,110,480 $ 0 1,110,480 0
Dividends (3,942,474) 0 0 (3,942,474)
Stock repurchases $ (2,536,955) $ (2,664) (2,534,291) 0
Stock repurchases, shares (133,208) (133,208)    
Net income $ 932,385 $ 0 0 932,385
Balance at Jun. 30, 2017 $ 96,324,383 $ 230,250 $ 109,144,487 $ (13,050,354)
Balance, shares at Jun. 30, 2017   11,512,485