XML 30 R18.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings per share (Tables)
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
 
The following is a summary of the basic and diluted earnings per share for the three and nine month periods ended September 30, 2016 and September 30, 2015.
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2016
 
2015
 
2016
 
2015
Net income (loss) available to common shareholders
 
$
1,340,892

 
$
(106,909
)
 
$
3,399,385

 
$
237,585

Weighted average common shares outstanding
 
5,834,520

 
3,936,638

 
5,820,834

 
3,391,274

Effect of dilutive stock options
 
261,813

 
307,215

 
271,201

 
307,548

Diluted shares
 
6,096,333

 
4,243,853

 
6,092,035

 
3,698,822

Basic earnings per common share
 
$
0.23

 
$
(0.03
)
 
$
0.58

 
$
0.07

Diluted earnings per common share
 
$
0.22

 
$
(0.03
)
 
$
0.56

 
$
0.06