Net Income Per Share (Tables)

3 Months Ended

Mar. 31, 2021

Net Income Per Share

Schedule of net income used in the calculation of basic and diluted net income per share

	Three months ended March 31,
	2021		2020
Net income available to shareholders	$	2,735,567	$	310,299

Schedule of weighted-average shares used in calculation of net income per share

	Three months ended March 31,
	2021	2020
Basic weighted-average number of shares outstanding	23,947,222	26,565,084
Unvested time-based restricted shares	29,034	—
Unvested performance-based restricted shares	53,848	—
Basic and diluted weighted average shares outstanding	24,030,104	26,565,084

Schedule of anti-dilutive shares

	Three months ended March 31,
	2021	2020
Anti-dilutive options	245,000	245,000
Anti-dilutive unvested time-based restricted shares	239,036	346,499
Anti-dilutive unvested performance-based restricted shares	139,319	—
Total Anti-dilutive shares	623,355	591,499