Note 5 - Income Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Notes Tables

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

	Three months ended June 30,					Six months ended June 30,
	2020		2019			2020			2019
Basic earnings per common share:
Net income (loss) allocable to common shareholders	$	154,030	$	(3,721	)	$	(62,255	)	$	77,084
Weighted average basic shares outstanding		35,588,775		35,577,786			35,588,775			35,573,305
Basic income (loss) per common share	$	-	$	-		$	-		$	-
Dilutive earnings per common share:
Net income (loss) allocable to common shareholders	$	154,030	$	(3,721	)	$	(62,255	)	$	77,084
Weighted average shares outstanding - basic		35,588,775		35,577,786			35,588,775			35,573,305
Diluted effect:
Stock options		-		-			-			41,516
Unvested restricted stock		-		-			-			150,290
Weighted average dilutive shares outstanding		35,588,775		35,577,786			35,588,775			35,765,111
Dilutive income (loss) per common share	$	-	$	-		$	-		$	-

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

	Three months ended June 30,				Six months ended June 30,
	2020		2019		2020		2019
Unvested restricted stock		429,000		447,000		429,000		80,000
Stock options		-		195,000		-		-