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Earnings Per Common Share (Notes)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
EARNINGS (LOSS) PER COMMON SHARE
 
Basic earnings (loss) per share is computed by dividing the net income or loss by the weighted-average number of shares of common stock outstanding during each period presented. Diluted earnings per share is computed by dividing the net income or loss by the weighted-average number of shares of common stock outstanding plus the additional dilutive securities that could be exercised or converted into common shares during each period presented less the amount of shares that could be repurchased using the proceeds from the exercises.
 
 
Twelve Months Ended
 
 
December 31,
2015
 
December 31,
2014
Net Income (Loss)
 
$
(11,308,171
)
 
$
3,184,064

Weighted average shares outstanding - basic
 
3,737,897

 
2,616,354

Basic income (loss) per share
 
$
(3.03
)
 
$
1.22

 
 
 
 
 
Net Income (Loss)
 
$
(11,308,171
)
 
$
3,184,064

Weighted average shares outstanding - basic
 
3,737,897

 
2,616,354

Potential shares from "in-the-money" options
 
—

 
401,545

Potential shares from "in-the-money" warrants
 
—

 
1,325,910

Potential shares from converted restricted stock units
 
—

 
88,282

Less: Shares assumed repurchased under the Treasury Stock Method
 
—

 
(1,262,088
)
Weighted average shares outstanding - diluted
 
3,737,897

 
3,170,003

 
 
 
 
 
Diluted income (loss) per share
 
$
(3.03
)
 
$
1.00



The Company excluded the following weighted average items from the above computation of diluted earnings per common share as their effect would be anti-dilutive:
 
 
 
Twelve Months Ended
 
 
 
December 31,
2015
 
December 31,
2014
Stock options
 
 
723,834

 
61,924

Warrants
 
 
1,873,547

 
1,129,315

Restricted stock units
 
 
58,475

 
—

Total excluded shares
 
 
2,655,856

 
1,191,239