Earnings per share:

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

4. Earnings per share:

Weighted average number of common shares outstanding:

	Three months
	ended March 31,
	2018		2017
Issued common shares at beginning of period		56,378,306		49,115,518
Effect of shares issued		677,436		587,226
Weighted average number of common shares outstanding - basic		57,055,742		49,702,744
Weighted average number of shares outstanding – diluted		57,055,742		49,702,744

There is no difference in diluted as compared to basic earnings per share as the impact would be antidilutive as a result of the net loss.