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Earnings Per Share
 3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
EARNING PER SHARE

(3) EARNINGS PER SHARE

The following table reconciles the numerator and denominator used to calculate diluted earnings per share for the three months ended March 31, 2012 and 2011:

 

                 
    Three Months Ended March 31,  
    2012     2011  

Numerator:

                

Net income attributable to common shareholders

   $ 423,208     $ 721,160  
   

 

 

    

 

 

  

Denominator:

                

Weighted-average shares outstanding – basic

     20,007,998       20,445,921  

Dilutive effect of other securities

     226,440       331,745  
   

 

 

    

 

 

  

Weighted-average shares outstanding – diluted

     20,234,438       20,777,666  
   

 

 

    

 

 

  

As of March 31, 2012 and 2011, restricted stock awards and options to purchase 666,733 and 1,300,895 shares of common stock, respectively, were outstanding but were not included in the computation of diluted EPS because the effect would be antidilutive.