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Income (Loss) Per Share and Per Unit (Tables)

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income Per Share

The computation of basic and diluted net income per share is presented below.

		Three Months Ended				Three Months Ended
		March 31, 2018				March 31, 2017
		(unaudited)				(unaudited)
Numerator
Net income (loss) available to common stockholders for basic and diluted computation		$	(238,343	)		$	1,851,090
Denominator
Weighted average number of common shares outstanding			14,114,373				14,474,551
Weighted average number of Unearned ESOP Shares			(641,929	)			(449,062	)
Total weighted average number of common shares outstanding for basic and diluted computation			13,472,444				14,025,489
Basic and diluted net income (loss) per share		$	(0.02	)		$	0.13

Computation of Basic and Diluted Net Income Per Unit

The computation of basic and diluted net income per unit is presented below.

		Three Months Ended				Three Months Ended
		March 31, 2018				March 31, 2017
		(unaudited)				(unaudited)
Numerator
Net income (loss) available to common unitholders for basic computation		$	(268,356	)		$	2,100,958
Denominator
Weighted average number of units outstanding			15,892,513				16,252,691
Basic and diluted net income (loss) per unit		$	(0.02	)		$	0.13