Note 6 - Earnings (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2015

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	2015			2014
Basic earnings per common share:
Net income applicable to common shareholders – basic	$	461,536		$	533,428
Portion allocable to common shareholders		99.2	%		99.2	%
Net income allocable to common shareholders		457,844			529,161
Weighted average basic shares outstanding		32,020,575			31,906,572
Basic earnings per share	$	0.01		$	0.02
Dilutive earnings per common share:
Net income allocable to common shareholders		457,844			529,161
Add: undistributed earnings allocated to participating securities		3,692			4,267
Numerator for diluted earnings per common share		461,536			533,428
Weighted average basic shares outstanding		32,020,575			31,906,572
Diluted effect:
Stock options		21,000			28,000
Unvested restricted stock awards		4,000			15,714
Conversion equivalent of dilutive Series B Convertible Preferred Stock		3,307,299			3,307,299
Conversion equivalent of dilutive Convertible Preferred Stock		255,000			255,000
Weighted average dilutive shares outstanding		35,607,874			35,512,585
Dilutive earnings per share	$	0.01		$	0.02

Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method [Table Text Block]

	2015			2014
Numerator:
Weighted average participating common shares		32,020,575			31,906,572
Denominator:
Weighted average participating common shares		32,020,575			31,906,572
Add: Weighted average shares of Convertible Preferred Stock		255,000			255,000
Weighted average participating shares		32,275,575			32,161,572
Portion allocable to common shareholders		99.2	%		99.2	%

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

	Years Ended December 31,
	201 5		201 4
Stock options		610,000		610,000
Unvested restricted stock awards		-		-
Convertible preferred stock		-		-
Total		610,000		610,000