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Computation of Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Computation of Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
Basic and diluted earnings per share are calculated as follows:

  
For the Years Ended December 31,
 
  
2015
  
2014
 
Net income/(loss)
 
$
6,437,600
  
$
(11,294,000
)
Weighted average shares outstanding for the period
  
1,544,285
   
1,543,257
 
Dilutive effect of warrants
  
-
   
-
 
Weighted average diluted shares used in calculation
   of diluted earnings/(loss) per share
  
1,544,285
   
1,543,257
 
Basic earnings/(loss) per share
 
$
4.17
  
$
(7.32
)
Diluted earnings/(loss) per share
 
$
4.17
  
$
(7.32
)