EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 5. EARNINGS PER SHARE

The Company follows ASC 260, Earnings Per Share that requires the reporting of both basic and diluted earnings per share. Basic earnings per share is computed by dividing net income available to participating common stockholders by the weighted average number of participating common shares outstanding for the period.

Basic and diluted earnings per share attributable to common and restricted shares of common stock for the period were as follows:

	Three Months Ending				Six Months Ending
	June 30,				June 30,
	2021		2020		2021		2020
Basic and diluted earnings per share
Common stock	$	0.20	$	0.15	$	0.39	$	0.24
Restricted shares of common stock	$	0.20	$	0.15	$	0.39	$	0.23