Loss Per Share and Per Unit (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income Per Share

The computation of basic and diluted net loss per share is presented below.

	Three Months Ended			Three Months Ended			Nine Months Ended			Nine Months Ended
	September 30, 2019			September 30, 2018			September 30, 2019			September 30, 2018
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Numerator
Net loss available to common stockholders for basic and diluted computation	$	(106,827	)	$	(3,065,883	)	$	(2,492,298	)	$	(1,951,816	)
Denominator
Weighted average number of common shares outstanding		14,222,378			14,154,414			14,220,416			14,141,273
Weighted average number of Unearned ESOP Shares		(585,672	)		(640,418	)		(595,656	)		(649,466	)
Total weighted average number of common shares outstanding for basic computation		13,636,706			13,513,996			13,624,760			13,491,807
Basic net loss per share	$	(0.01	)	$	(0.23	)	$	(0.18	)	$	(0.14	)

Computation of Basic and Diluted Net Income Per Unit

The computation of basic and diluted net loss per unit is presented below.

	Three Months Ended			Three Months Ended			Nine Months Ended			Nine Months Ended
	September 30, 2019			September 30, 2018			September 30, 2019			September 30, 2018
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Numerator
Net loss available to general and limited partnership unitholders for basic computation	$	(120,164	)	$	(3,451,499	)	$	(2,803,940	)	$	(2,197,114	)
Denominator
Weighted average number of general and limited partnership units outstanding		16,000,518			15,915,706			15,998,556			15,902,565
Basic and diluted net loss per general and limited partnership unit	$	(0.01	)	$	(0.22	)	$	(0.18	)	$	(0.14	)