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Earnings Per Common Share (EPS) (Tables) | 12 Months Ended
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Dec. 31, 2020
Earnings Per Share [Abstract] |
Schedule of earnings per share, basic and diluted |
|  | YEARS ENDED |
|  | DECEMBER 31, |
|  | 2020 |  |  | 2019 |
Basic Earnings Per Share Computation: |  |  |  |  |  |
Net income |  | $ | 10,323,684 |  |  | $ | 226,255 |
Weighted average number of common shares |  |  | 8,460,558 |  |  |  | 8,397,454 |
Basic Earnings Per Share |  | $ | 1.22 |  |  | $ | 0.03 |
Diluted Earnings Per Share Computation: |  |  |  |  |  |  |  |
Net income |  | $ | 10,323,684 |  |  | $ | 226,255 |
Weighted average number of common shares |  |  | 8,460,558 |  |  |  | 8,397,454 |
Incremental shares from assumed conversions |  |  |  |  |  |  |  |
of dilutive securities |  |  | 142,612 |  |  |  | 3,575 |
Adjusted weighted average number of |  |  |  |  |  |  |  |
common shares |  |  | 8,603,170 |  |  |  | 8,401,029 |
Diluted Earnings Per Share |  | $ | 1.20 |  |  | $ | 0.03 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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