Note 4 - Income Per Share (Tables)

6 Months Ended

Jun. 30, 2015

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three Months Ended,						Six Months Ended,
	June 30,			June 30,			June 30,			June 30,
	2015			2014			2015			2014
Basic earnings per common share:
Net income applicable to common shareholders - basic	$	120,712		$	130,283		$	261,501		$	122,249
Portion allocable to common shareholders		99.2	%		99.2	%		99.2	%		99.2	%
Net income allocable to common shareholders		119,746			129,242			259,409			121,271
Weighted average basic shares outstanding		31,947,753			31,888,753			32,124,260			31,886,549
Basic earnings per share	$	-		$	-		$	0.01		$	-
Dilutive earnings per common share:
Net income allocable to common shareholders		119,746			129,242			259,409			121,271
Add: undistributed earnings allocated to participating securities		966			1,042			2,092			978
Numerator for diluted earnings per common share		120,712			130,283			261,501			122,249
Weighted average basic shares outstanding		31,947,753			31,888,753			32,124,260			31,886,549
Diluted effect:
Stock options		19,250			18,000			18,667			16,333
Unvested restricted stock awards		19,250			-			17,600			-
Conversion equivalent of dilutive Series B Convertible Preferred Stock		3,307,299			3,307,299			3,307,299			3,307,299
Conversion equivalent of dilutive Convertible Preferred Stock		255,000			255,000			255,000			255,000
Weighted average dilutive shares outstanding		35,548,552			35,469,052			35,722,826			35,465,181
Dilutive earnings per share	$	-		$	-		$	0.01		$	-

Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method [Table Text Block]

	Three Months Ended June 30,						Six Months Ended June 30,
	2015			2014			2015			201 4
Numerator:
Weighted average participating common shares		31,947,753			31,888,753			32,124,260			31,886,549
Denominator:
Weighted average participating common shares		31,947,753			31,888,753			32,124,260			31,886,549
Add: Weighted average shares of Convertible Preferred Stock		255,000			255,000			255,000			255,000
Weighted average participating shares		32,202,753			32,143,753			32,379,260			32,141,549
Portion allocable to common shareholders		99.2	%		99.2	%		99.2	%		99.2	%

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

	June 30, 2015		June 30, 2014
Stock options		610,000		610,000
Unvested portion of restricted stock		-		75,000
Convertible preferred stock		-		-
		610,000		685,000