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Earnings Per Share
 6 Months Ended
Jun. 30, 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 
 June 30,
 
Six Months Ended 
 June 30,
 
2018
 
2017
 
2018
 
2017
Net Income
$
14,898,023

 
$
12,967,019

 
$
27,840,151

 
$
26,092,467

Less: Net income attributable to redeemable noncontrolling interest
(527,655
)
 
(328,580
)
 
(480,323
)
 
(697,133
)
Net income attributable to common shareholders
$
14,370,368

 
$
12,638,439

 
$
27,359,828

 
$
25,395,334

 
 
 
 
 
 
 
 
Weighted average number of outstanding shares - Basic
3,518,665

 
3,443,783

 
3,503,379

 
3,436,391

Dilutive impact of restricted stock units
1,151

 
5,345

 
1,757

 
4,631

Weighted average number of outstanding shares - Diluted
3,519,816

 
3,449,128

 
3,505,136

 
3,441,022

 
 
 
 
 
 
 
 
Earnings per share attributable to common shareholders
 
 
 
 
 
 
 
Basic
$
4.08

 
$
3.67

 
$
7.81

 
$
7.39

Diluted
$
4.08

 
$
3.66

 
$
7.81

 
$
7.38