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EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic and Diluted Earnings Per Share
The following is a reconciliation of the numerator and denominator for basic and diluted earnings per share for the three and six months ended June 30, 2019 and 2018: 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
Basic Earnings per Share
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income (loss) available to common shareholders
$
(1,373,236
)
 
$
1,439,174

 
$
(7,304,270
)
 
$
(2,016,655
)
Less allocation of dividends to participating securities
—

 
(543,698
)
 
—

 
—

     Total
(1,373,236
)
 
895,476

 
(7,304,270
)
 
(2,016,655
)
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding
40,294,870

 
33,300,456

 
40,245,671

 
33,182,748

Basic earnings (loss) per share
$
(0.03
)
 
$
0.03

 
$
(0.18
)
 
$
(0.06
)
 
 
 
 
 
 
 
 
Diluted Earnings per Share
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income (loss) available to common shareholders
$
(1,373,236
)
 
$
1,439,174

 
$
(7,304,270
)

$
(2,016,655
)
Less diluted allocation of dividends to participating securities
—

 
(446,158
)
 
—

 
—

     Total
(1,373,236
)
 
993,016

 
(7,304,270
)
 
(2,016,655
)
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding
40,294,870

 
33,300,456

 
40,245,671

 
33,182,748

Effect of dilutive securities
 
 
 
 
 
 
 
Stock options and warrants
—

 
136,536

 
—

 
—

Preferred Stock A
—

 
419,859

 
—

 
—

Preferred Stock C
—

 
3,156,800

 
—

 
—

Diluted weighted-average shares outstanding
40,294,870

 
37,013,651

 
40,245,671

 
33,182,748

Diluted earnings (loss) per share
$
(0.03
)
 
$
0.03

 
$
(0.18
)
 
$
(0.06
)