Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Reconciliation of net income to net income available to common shareholders

The following tables show the effect of dilutive options on the Company’s net income per common share.

	Year Ended December 31, 2020
	Income		Shares	Per Share
Basic EPS	$	7,050,604	3,212,996	$	2.19
Effect of Dilutive Securities:
Senior Convertible Debentures	—		—	—
Diluted EPS	$	7,050,604	3,212,996	$	2.19

	Year Ended December 31, 2019					Year Ended December 31, 2018
	Income		Shares	Per Share		Income		Shares	Per Share
Basic EPS	$	7,794,487	2,955,737	$	2.64	$	7,207,221	2,953,446	$	2.44
Effect of Dilutive Securities:
Senior Convertible Debentures	362,640		302,200	(0.14)		362,640		303,200	(0.12)
Diluted EPS	$	8,157,127	3,257,937	$	2.50	$	7,569,861	3,256,646	$	2.32