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Earnings per Share (Tables)
 6 Months Ended
Jun. 30, 2012
Basic and Diluted Net Income Per Share

The basic and diluted net income per share were calculated as follows:

 

    Three Months Ended
June 30,		  
    2012     2011  
Basic income per share            
Net Income for the period – numerator   $ 3,610,790     $ 5,860,950  
Weighted average common stock outstanding – denominator     18,459,775       18,350,186  
Net income per share   $ 0.20     $ 0.32  
                 
Diluted income per share                
Net Income for the period – numerator   $ 3,610,790     $ 5,860,950  
Weighted average common stock outstanding – denominator     18,459,775       18,350,186  
Effect of dilution     -       -  
Weighted average common stock outstanding – denominator     18,459,775       18,350,186  
Diluted income per share   $ 0.20     $ 0.32  

 

    Six Months Ended
June 30,		  
    2012     2011  
Basic income per share            
Net Income for the period – numerator   $ 8,292,481     $ 10,713,874  
Weighted average common stock outstanding – denominator     18,453,754       18,348,464  
Net income per share   $ 0.45     $ 0.58  
                 
Diluted income per share                
Net Income for the period – numerator   $ 8,292,481     $ 10,713,874  
Weighted average common stock outstanding – denominator     18,453,754       18,348,464  
Effect of dilution     -       -  
Weighted average common stock outstanding – denominator     18,453,754       18,348,464  
Diluted income per share   $ 0.45     $ 0.58