Note 4 - Income Per Share (Tables)

6 Months Ended

Jun. 30, 2017

Notes Tables

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

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Basic earnings per common share:
Net income	$	76,224		$	7,987		$	166,532		$	9,833
Discount upon exchange of Preferred Stock, net of related fees		-			1,103,597			-			1,103,597
		76,224			1,111,584			166,532			1,113,430
Portion allocable to common shareholders		100.0	%		99.3	%		100.0	%		99.3	%
Net income available to common shareholders	$	76,224		$	1,103,803		$	166,532		$	1,105,636
Weighted average basic shares outstanding		35,528,094			32,419,016			35,091,624			32,224,577
Basic (loss) income per common share	$	-		$	0.03		$	-		$	0.03
Dilutive earnings per common share:
Net income allocable to common shareholders	$	76,224		$	1,103,803		$	166,532		$	1,105,636
Add: undistributed earnings allocated to participating securities		-			7,781			-			7,794
Numerator for diluted earnings per common share		76,224			1,111,584			166,532			1,113,430
Weighted average shares outstanding - basic		35,528,094			32,419,016			35,091,624			32,224,577
Diluted effect:
Stock options		88,380			7,636			74,317			7,636
Unvested restricted stock units		228,608			1,818			201,195			1,818
Conversion equivalent of dilutive Series B Convertible Preferred Stock		-			2,865,477			-			3,086,388
Conversion equivalent of dilutive Convertible Preferred Stock		-			212,967			-			233,984
Weighted average dilutive shares outstanding		35,845,082			35,506,914			35,367,136			35,554,403
Dilutive income per common share	$	-		$	0.03		$	-		$	0.03

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

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Numerator:
Weighted average participating common shares		35,528,094			32,419,016			35,091,624			32,224,577
Denominator:
Weighted average participating common shares		35,528,094			32,419,016			35,091,624			32,224,577
Add: Weighted average shares of Convertible Preferred Stock		-			212,967			-			233,984
Weighted average participating shares		35,528,094			32,631,983			35,091,624			32,458,561
Portion allocable to common shareholders		100.0	%		99.3	%		100.0	%		99.3	%

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Stock options		335,000		610,000		335,000		610,000
Unvested restricted stock		60,000		-		60,000		-