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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
 
Three Months Ended 

March 31,
 
 
 
2019
 
 
2018
 
 
 
(In thousands, except per share data)
 
Numerator:
 
 
 
 
 
 
Net income
 
$
1,370
 
 
$
1,529
 
Less: Income allocated to unvested participating securities
 
 
26
 
 
 
26
 
Net income available to common stockholders
 
$
1,344
 
 
$
1,503
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Denominator for basic earnings per share— weighted average shares
 
 
5,841
 
 
 
5,842
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
Common stock equivalents
 
 
 
 
 
 
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions
 
 
5,841
 
 
 
5,842
 
 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.23
 
 
$
0.26
 
Diluted
 
$
0.23
 
 
$
0.26