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1. Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Schedule of earnings per share

The following table provides a reconciliation of net income to net income available to common stockholders for the periods presented:  

 

    For the Three months ended  
    March 31, 2020     March 31, 2019  
Earnings available to common stockholders:            
Net income   $ 1,251     $ 1,264  
Noncontrolling interest income (loss)     62       (22 )
Preferred stock dividends     66       79  
Net income available to common stockholders   $ 1,123     $ 1,207  

 

The following table shows the effect of dilutive preferred stock conversion on the Company's earnings per share for the periods indicated:

 

    Three months ended  
    March 31, 2020     March 31, 2019  
      Income      Shares     Per Share Amounts      Income      Shares     Per Share Amounts  
Basic EPS   $ 1,123       3,204,084     $ .35     $ 1,207       3,210,042     $ 0.38  
Effect of Dilutive Securities:                                                
     Convertible Preferred Stock     66       229,599       -       79       274,864       (0.01 )
Diluted EPS   $ 1,189       3,433,683     $ .35     $ 1,286       3,484,906     $ 0.37