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Basic and Diluted Average Shares (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Schedule of reconciliation of basic and diluted weighted average common shares

A reconciliation of basic and diluted weighted average common shares for the three months ended September 30, 2020 and 2019 is as follows:

 

 

   For the Three Months Ended
   September 30,
   2020  2019
       
Basic weighted average shares   26,924,381    26,924,381 
Effect of potential dilutive securities   15,250    —   
Diluted weighted average shares   26,939,631    26,924,381 

 

 

A reconciliation of basic and diluted weighted average common shares for the nine months ended September 30, 2020 and 2019 is as follows:

 

 

   For the Nine Months Ended
   September 30,
   2020  2019
       
Basic weighted average shares   26,924,381    26,924,381 
Effect of potential dilutive securities   15,250    —   
Diluted weighted average shares   26,939,631    26,924,381