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Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE
EARNINGS (LOSS) PER SHARE
The following table reconciles the numerator and denominator used to calculate diluted earnings per share for the three and six months ended June 30, 2016 and 2015:
 
Three months ended June 30,
 
2016
 
2015
Numerator:
 
 
 
Net income (loss) attributable to common shareholders
$
(48,044
)
 
$
405,998

Denominator:
 
 
 
Weighted-average shares outstanding – basic
16,247,028

 
16,820,725

Dilutive effect of other securities

 
363,620

Weighted-average shares outstanding – diluted
16,247,028

 
17,184,345

 
 
 
 
 
Six months ended June 30,
 
2016
 
2015
Numerator:
 
 
 
Net income (loss) attributable to common shareholders
$
(301,155
)
 
$
452,279

Denominator:
 
 
 
Weighted-average shares outstanding – basic
16,293,744

 
16,916,193

Dilutive effect of other securities

 
377,894

Weighted-average shares outstanding – diluted
16,293,744

 
17,294,087

As of June 30, 2016 and 2015, restricted stock awards and options to purchase 276,652 and 53,968 shares of common stock, respectively, were outstanding but were not included in the computation of diluted earnings per share because the effect would be antidilutive.