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Earnings Per Common Share And Share Awards (Tables)
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31:
 
Three Months Ended March 31,
 
2017
 
2016
Net income attributable to the Company
$
4,476,055

 
$
1,814,040

Weighted average common shares outstanding – Basic
1,885,587

 
1,934,318

Incremental shares outstanding assuming the exercise of dilutive stock options and SARs (share-settled)
9,251

 
6,645

Weighted average common shares outstanding – Diluted
1,894,838

 
1,940,963

Basic earnings per common share
$
2.37

 
$
0.94

Diluted earnings per common share
$
2.36

 
$
0.93
Summary Of Share-Based Award Transactions
A summary of share-based award transactions for all share-based award plans follows:
 
Number
Of Shares
 
Weighted
Average
Exercise Price
 
Average Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic
Value
Outstanding as of January 1, 2016
22,000

 
$
57.04

 
3.93
 
$
945,055

SARs granted
4,500

 
93.87

 
 
 
 

SARs exercised
(2,000
)
 
32.00

 
 
 
 

Outstanding as of December 31, 2016
24,500

 
$
65.85

 
3.85
 
$
836,640

SARs granted
—

 
—

 
 
 
 

SARs exercised
(2,500
)
 
33.31

 
 
 
 

Outstanding as of March 31, 2017
22,000

 
$
69.55

 
4.00
 
$
1,949,215

 
 
 
 
 
 
 
 
Exercisable as of March 31, 2017
22,000

 
$
69.55

 
4.00
 
$
1,949,215