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Earnings Per Share
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The Company’s Common Shares outstanding consist of all shares issued and outstanding, including unvested restricted shares. Basic and diluted EPS are calculated under the two-class method. Restricted stock units are considered dilutive. The following table sets forth the computation for basic and diluted EPS and reconciliation between basic and diluted shares outstanding:
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2017
 
2016
 
2017
 
2016
Net Income
$
13,158,099

 
$
13,668,965

 
$
39,250,567

 
$
32,715,951

Less: Net income attributable to redeemable noncontrolling interest
(459,252
)
 
(242,401
)
 
(1,156,385
)
 
(309,172
)
Net income attributable to common shareholders
$
12,698,847

 
$
13,426,564

 
$
38,094,182

 
$
32,406,779

 
 
 
 
 
 
 
 
Weighted average number of outstanding shares - Basic
3,454,178

 
3,413,164

 
3,442,402

 
3,405,460

Dilutive impact of restricted stock units
7,240

 
6,959

 
5,574

 
4,748

Weighted average number of outstanding shares - Diluted
3,461,418

 
3,420,123

 
3,447,976

 
3,410,208

 
 
 
 
 
 
 
 
Earnings per share attributable to common shareholders
 
 
 
 
 
 
 
Basic
$
3.68

 
$
3.93

 
$
11.07

 
$
9.52

Diluted
$
3.67

 
$
3.93

 
$
11.05

 
$
9.50