XML 22 R11.htm IDEA: XBRL DOCUMENT v3.20.2
Stockholders' Equity
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Stockholders' Equity
(5) Stockholders’ Equity
The changes in stockholders’ equity for the three and nine months ended September 30, 2019 and 2020 are as follows:
 
   
Three months ended September 30,
   
Nine months ended September 30,
 
   
2019
   
2020
   
2019
   
2020
 
Beginning balance
  $279,217,346   $257,061,115   $275,034,091   $284,471,958 
Change in accounting principle
   —      —      (935,916   —   
Issuance of common stock
   —      2,540,425    1,172,625    2,540,425 
Stock-based compensation
   602,508    228,968    1,734,698    694,671 
Purchase of treasury stock
   (5,588   (2,493   (36,672   (34,412
Net income (loss)
   3,043,899    (2,724,774   8,666,163    (29,838,734
Cash dividends
   (1,389,273   —      (4,166,097   (1,398,321
Noncontrolling interest created in consolidation
   —      —      —      667,654 
  
 
 
   
 
 
   
 
 
   
 
 
 
Ending balance
  $281,468,892   $257,103,241   $281,468,892   $257,103,241