Net Income per Common Share (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Computation of basic and diluted net income per common share:

The computation of basic and diluted net income per common share is as follows:

	Three Months Ended
	March 31,
	2017		2016
Net income	$	1,688,000	$	2,890,000
Weighted average common shares outstanding — basic	7,652,000		7,597,000
Effect of dilutive securities	56,000		10,000
Weighted average common and potentially issuable common shares outstanding — diluted	7,708,000		7,607,000
Basic net income per common share	$	0.22	$	0.38
Diluted net income per common share	$	0.22	$	0.38