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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2015
Accounting Policies [Abstract]  
Property and Equipment Estimated Lives
Depreciation of property and equipment is provided using the straight-line method over the estimated lives as follows:
 
Building
 
20 years
Vehicles
 
2 - 5 years
Office and Other Equipment
 
2 - 5 years
Software
 
2 - 3 years
Reconciliation of Basic and Diluted Earnings Per Share
The following table presents a reconciliation of basic and diluted EPS for the nine and three months ended September 30, 2015 and 2014:
  
 
 
Nine Months Ended September 30,
 
Three Months Ended September 30,
 
 
 
2015
 
2014
 
2015
 
2014
 
Net income
 
$
18,681,506
 
$
14,479,174
 
$
3,266,591
 
$
4,767,092
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding – basic
 
 
83,080,189
 
 
65,117,458
 
 
83,084,035
 
 
73,088,178
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Options granted
 
 
-
 
 
38,909
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding – diluted
 
 
83,080,189
 
 
65,156,367
 
 
83,084,035
 
 
73,088,178
 
Earnings per share – basic
 
$
0.22
 
$
0.22
 
$
0.04
 
$
0.07
 
Earnings per share – diluted
 
$
0.22
 
$
0.22
 
$
0.04
 
$
0.07