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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2018
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 nine months ended September 30, 2018 and 2017:
Three months ended September 30, 
20182017
Numerator: 
Net income (loss) attributable to common shareholders $(1,643,044)$(743,031)
Denominator: 
Weighted-average shares outstanding – basic 15,573,108 15,867,159 
Dilutive effect of other securities — — 
Weighted-average shares outstanding – diluted 15,573,108 15,867,159 
Nine months ended September 30, 
20182017
Numerator: 
Net income (loss) attributable to common shareholders $(4,742,971)$(7,178,088)
Denominator: 
Weighted-average shares outstanding – basic 15,645,230 15,973,737 
Dilutive effect of other securities — — 
Weighted-average shares outstanding – diluted 15,645,230 15,973,737