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Earnings (Loss) Per Share
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE
EARNINGS (LOSS) PER SHARE
The following table reconciles the numerator and denominator used to calculate diluted earnings per share for the three and nine months ended September 30, 2014 and 2013:
 
Three months ended September 30,
 
2014
 
2013
Numerator:
 
 
 
Net income (loss) attributable to common shareholders
$
745,920

 
$
(819,942
)
Denominator:
 
 
 
Weighted-average shares outstanding – basic
17,544,905

 
18,233,407

Dilutive effect of other securities
303,205

 
—

Weighted-average shares outstanding – diluted
17,848,110

 
18,233,407

 
Nine months ended September 30,
 
2014
 
2013
Numerator:
 
 
 
Net income (loss) attributable to common shareholders
$
1,754,810

 
$
(604,251
)
Denominator:
 
 
 
Weighted-average shares outstanding – basic
17,730,715

 
18,420,465

Dilutive effect of other securities
259,846

 
—

Weighted-average shares outstanding – diluted
17,990,561

 
18,420,465


As of September 30, 2014 and 2013, restricted stock awards and options to purchase 187,248 and 554,279 shares of common stock, respectively, were outstanding but were not included in the computation of diluted EPS because the effect would be antidilutive.