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Net Income Per Share | 6 Months Ended
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Dec. 31, 2019
Earnings Per Share [Abstract] |
Net Income Per Share | Net Income Per Share The following table sets forth the computation of basic and diluted income per share:
| Three Months Ended December 31, |  | Six Months Ended December 31,
| 2019 |  | 2018 |  | 2019 |  | 2018
Numerator |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders | $ | 1,764,918 |  |  | $ | 3,904,565 |  |  | $ | 4,557,738 |  |  | $ | 9,700,366 |
Denominator |  |  |  |  |  |  |  |  |  |  |
Weighted average number of common shares — Basic | 32,988,737 |  |  | 33,167,159 |  |  | 33,057,691 |  |  | 33,134,726 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
Contingent restricted stock grants | — |  |  | 9,344 |  |  | 3,864 |  |  | 13,049 |
Weighted average number of common shares and potentially dilutive common shares used in diluted earnings per share | 32,988,737 |  |  | 33,176,503 |  |  | 33,061,555 |  |  | 33,147,775 |
Net income per common share — Basic | $ | 0.05 |  |  | $ | 0.12 |  |  | $ | 0.14 |  |  | $ | 0.29 |
Net income per common share — Diluted | $ | 0.05 |  |  | $ | 0.12 |  |  | $ | 0.14 |  |  | $ | 0.29 |
Outstanding Potentially Dilutive Securities | Weighted Average Exercise Price |  | At December 31, 2019
Contingent Restricted Stock grants | $ | — |  |  | 200,000 |
Outstanding Potentially Dilutive Securities | Weighted Average Exercise Price |  | At December 31, 2018
Contingent Restricted Stock grants | $ | — |  |  | 10,156 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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