Note 4 - Income Per Share (Tables)

6 Months Ended

Jun. 30, 2016

Notes Tables

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

	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Basic earnings per common share:
Net income		7,987			120,712			9,833			261,501
Discount upon exchange of Preferred Stock, net of related fees		1,103,597			-			1,103,597			-
		1,111,584			120,712			1,113,430			261,501
Portion allocable to common shareholders		99.3	%		99.2	%		99.3	%		99.2	%
Net income available to common shareholders		1,103,803			119,746			1,105,636			259,409
Weighted average basic shares outstanding		32,419,016			31,947,753			32,224,577			32,124,260
Basic (loss) income per common share	$	0.03		$	-		$	0.03		$	0.01
Dilutive earnings per common share:
Net income allocable to common shareholders		1,103,803			119,746			1,105,636			259,409
Add: undistributed earnings allocated to participating securities		7,781			966			7,794			2,092
Numerator for diluted earnings per common share		1,111,584			120,712			1,113,430			261,501
Weighted average shares outstanding - basic		32,419,016			31,947,753			32,224,577			32,124,260
Diluted effect:
Stock options		7,636			19,250			7,636			18,667
Unvested restricted stock units		1,818			19,250			1,818			17,600
Conversion equivalent of dilutive Series B Convertible Preferred Stock		2,865,477			3,307,299			3,086,388			3,307,299
Conversion equivalent of dilutive Convertible Preferred Stock		212,967			255,000			233,984			255,000
Weighted average dilutive shares outstanding		35,506,914			35,548,552			35,554,403			35,722,826
Dilutive income per common share	$	0.03		$	-		$	0.03		$	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,
	2016			2015			2016			2015
Numerator:
Weighted average participating common shares		32,419,016			31,947,753			32,224,577			32,124,260
Denominator:
Weighted average participating common shares		32,419,016			31,947,753			32,224,577			32,124,260
Add: Weighted average shares of Convertible Preferred Stock		212,967			255,000			233,984			255,000
Weighted average participating shares		32,631,983			32,202,753			32,458,561			32,379,260
Portion allocable to common shareholders		99.3	%		99.2	%		99.3	%		99.2	%

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

	June 30,
	2016		2015
Stock options		610,000		610,000