XML 38 R26.htm IDEA: XBRL DOCUMENT v3.19.1
Acquisitions and Dispositions (Tables)
3 Months Ended
Mar. 31, 2019
Disclosure Text Block Supplement [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Current assets

$

810,927

Property, plant and equipment

23,800,000

Customer relationship intangible

13,600,000

Excess costs over net assets acquired (Goodwill)

10,097,680

Current liabilities

(370,898)

Deferred income taxes

(5,532,014)

Deferred liabilities

 

(264,814)

Purchase price allocation

42,140,881

Less cash acquired

(4,388)

 

 

Total Consideration for Acquisition

$

42,136,493

Business Acquisition, Pro Forma Information [Table Text Block]

Three Months Ended

March 31,

2019

2018

Revenue

$

15,972,418

$

15,338,582

Net Income

$

2,292,300

$

2,132,781

Basic and Diluted Net

Income Per Share

$

0.44

$

0.41