Earnings Per Share
|3 Months Ended|
Mar. 31, 2018
|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 paid in cash totaled $495,266 ($0.065 per share) for each of the three months ended March 31, 2018 and 2017, respectively. The classification of these dividends for federal income tax purposes is expected to be determined after the Company’s fiscal year ending December 31, 2018.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef