Earnings Per Share

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Earnings Per Share

15. Earnings Per Share

Basic earnings per share is calculated by dividing net income by the weighted average of the number of outstanding common shares during the period. The Company had net income of $1,429,000 and $499,000 for the three months ended June 30, 2021 and 2020, respectively. The Company had net income of $3,704,000 and $1,475,000 for the six months ended June 30, 2021 and 2020, respectively.