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Earnings Per Share
 3 Months Ended
Mar. 31, 2018
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 
 March 31,
 
2018
 
2017
Net Income
$
12,942,129

 
$
13,125,448

Less: Net income attributable to redeemable noncontrolling interest
47,332

 
(368,553
)
Net income attributable to common shareholders
$
12,989,461

 
$
12,756,895

 
 
 
 
Weighted average number of outstanding shares - Basic
3,487,923

 
3,428,888

Dilutive impact of restricted stock units
4,015

 
6,441

Weighted average number of outstanding shares - Diluted
3,491,938

 
3,435,329

 
 
 
 
Earnings per share attributable to common shareholders
 
 
 
Basic
$
3.72

 
$
3.72

Diluted
$
3.72

 
$
3.71