Earnings Per Share
|6 Months Ended|
Jun. 30, 2017
|Earnings Per Share [Abstract]|
|Earnings Per Share||
8. EARNINGS PER SHARE
Basic earnings per share is computed using the weighted average number of shares outstanding. Diluted earnings per share is computed using the weighted average number of shares outstanding adjusted for the incremental shares attributed to potentially diluted securities. The following table sets forth the computation of basic and diluted earnings per share:
Common stock dividends, including amounts paid to the Company’s restricted common stockholder, totaled $495,266 ($0.065 per share) and $482,090 ($0.065 per share) for the three months ended June 30, 2017 and 2016, respectively, and $990,531 ($0.13 per share) and $964,180 ($0.13 per share) for the six months ended June 30, 2017 and 2016, respectively.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef