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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Computation for Earnings Per Share
The following table sets forth the computation for basic and diluted EPS and reconciliation between basic and diluted shares outstanding:
 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2014
 
2013
 
2014
 
2013
Net income
$
6,928,034

 
$
4,711,545

 
$
12,677,633

 
$
10,042,277

 
 
 
 
 
 
 
 
Weighted average number of outstanding shares - Basic
3,198,231

 
3,248,197

 
3,182,175

 
3,222,977

Dilutive impact of restricted stock grants with forfeitable rights to dividends
66,623

 
—

 
69,944

 
—

Dilutive impact of restricted stock units
3,442

 
—

 
2,553

 
—

Weighted average number of outstanding shares - Diluted
3,268,296

 
3,248,197

 
3,254,672

 
3,222,977

 
 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
 
Basic
$
2.17

 
$
1.45

 
$
3.98

 
$
3.12

Diluted
$
2.12

 
$
1.45

 
$
3.90

 
$
3.12