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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
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,
 
2015
 
2014
 
2015
 
2014
Net income
$
9,178,122

 
$
6,928,034

 
$
18,690,744

 
$
12,677,633

 
 
 
 
 
 
 
 
Weighted average number of outstanding shares - Basic
3,287,751

 
3,198,231

 
3,253,144

 
3,182,175

Dilutive impact of restricted stock grants with forfeitable rights to dividends
73,485

 
66,623

 
73,715

 
69,944

Dilutive impact of restricted stock units
6,044

 
3,442

 
4,662

 
2,553

Weighted average number of outstanding shares - Diluted
3,367,280

 
3,268,296

 
3,331,521

 
3,254,672

 
 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
 
Basic
$
2.79

 
$
2.17

 
$
5.75

 
$
3.98

Diluted
$
2.73

 
$
2.12

 
$
5.61

 
$
3.90