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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Reconciliation of the Weighted Average Number of Common Shares Outstanding

A reconciliation of the weighted average number of common shares outstanding is as follows:

 

 

Three Months Ended March 31,

 

 

2017

 

 

2016

 

Common shares outstanding, beginning of the period

 

11,749,589

 

  

 

11,710,745

 

Weighted average common shares issued

 

26,308

 

  

 

0

 

Weighted average number of common shares outstanding

 

11,775,897

 

  

 

11,710,745

 

Dilutive effect of common share equivalents

 

306,395

 

  

 

216,379

 

Diluted weighted average number of common shares outstanding

 

12,082,292

 

  

 

11,927,124