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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per common share
The computation of basic and diluted earnings per common shares for the three months ended March 31, 2016 and 2015 is as follows:

 
Three Months Ended
March 31,
 
2016
 
2015
Numerator
 
 
 
Net income
$
262,611

 
$
3,327,777

Denominator:
 

 
 
Denominator for basic earnings per common share - weighted-average shares
29,072,061

 
23,306,989

Effect of dilutive securities:
 

 
 
Employee stock awards
746,259

 
628,903

Denominator for dilutive earnings per common share
29,818,320

 
23,935,892

Basic earnings per common share
$
0.01

 
$
0.14

Diluted earnings per common share
$
0.01

 
$
0.14