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:

										For the Period
										January 19, 2016
	For the Three Months Ended September 30,						Nine Months Ended			through
	2017			2016			September 30, 2017			September 30, 2016
Net loss	$	(129,346	)	$	(217,372	)	$	(125,524	)	$	(180,557	)
Basic and diluted weighted average common shares outstanding		7,619,469			7,416,766			7,619,469			7,416,766
Basic and diluted per share net loss	$	(0.02	)	$	(0.03	)	$	(0.02	)	$	(0.02	)

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 September 30, 2017 and 2016, respectively, and $1,485,797 ($0.195 per share) and $1,446,269 ($0.195 per share) for the nine months ended September 30, 2017 and 2016, respectively. The Company estimates that the dividends paid for the nine months ended September 30, 2017 are substantially comprised of return of capital based on information available at this time and may be subject to change. The classification of these dividends for federal income tax purposes is expected to be determined after the Company’s fiscal year ending December 31, 2017.