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Computation of Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
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,
 
  
2016
  
2015
 
Net income
 
$
1,221,700
  
$
6,437,600
 
Weighted average shares outstanding for the period
  
1,566,699
   
1,544,285
 
Dilutive effect of warrants
  
-
   
-
 
Weighted average diluted shares used in calculation of diluted earnings per share
  
1,566,699
   
1,544,285
 
Basic earnings per share
 
$
0.78
  
$
4.17
 
Diluted earnings per share
 
$
0.78
  
$
4.17