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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2016
Accounting Policies [Abstract]  
Reconciliation of Weighted-Average Common Shares Outstanding Used in the Calculation of Basic Net Income Per Share and Diluted Net Income Per Share

The following table reconciles the weighted-average common shares outstanding used in the calculation of basic net income per share to the weighted average common shares outstanding used in the calculation of diluted net income per share:

 

 

Three Months Ended

September 30, 2015

 

 

Nine Months Ended

September 30, 2015

 

Determination of shares:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

22,112,261

 

 

 

22,112,261

 

Assumed conversion of warrant

 

 

3,999,998

 

 

 

3,999,998

 

Assumed conversion of restricted stock

 

 

275,276

 

 

 

275,276

 

Diluted weighted-average common stock outstanding

 

 

26,387,535

 

 

 

26,387,535