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Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Reconciliation of numerator and denominator
The following table reconciles the numerator and denominator used to calculate diluted earnings (loss) per share for the three and six months ended June 30, 2017 and 2016:
 
Three months ended June 30,
 
2017
 
2016
Numerator:
 
 
 
Net income (loss) attributable to common shareholders
$
(5,160,611
)
 
$
(48,044
)
Denominator:
 
 
 
Weighted-average shares outstanding – basic
16,011,758

 
16,247,028

Dilutive effect of other securities

 

Weighted-average shares outstanding – diluted
16,011,758

 
16,247,028

 
 
 
 
 
Six months ended June 30,
 
2017
 
2016
Numerator:
 
 
 
Net income (loss) attributable to common shareholders
$
(6,435,057
)
 
$
(301,155
)
Denominator:
 
 
 
Weighted-average shares outstanding – basic
16,026,935

 
16,293,744

Dilutive effect of other securities

 

Weighted-average shares outstanding – diluted
16,026,935

 
16,293,744