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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings per Share [Abstract]  
Basic and Diluted Net Income Per Share

 

    Three Months Ended
September 30,
 
    2012     2011  
Basic income per share            
Net income for the period - numerator   $ 4,379,071     $ 5,431,760  
Weighted average common stock outstanding - denominator     18,459,775       18,350,186  
Net income per share   $ 0.24     $ 0.30  
                 
Diluted income per share                
Net income for the period - numerator   $ 4,379,071     $ 5,431,760  
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   $ 0.24     $ 0.30  

 

    Nine Months Ended
September 30,
 
    2012     2011  
Basic income per share            
Net income for the period - numerator   $ 12,671,552     $ 16,145,634  
Weighted average common stock outstanding - denominator     18,455,776       18,349,044  
Net income per share   $ 0.69     $ 0.88  
                 
Diluted income per share                
Net income for the period - numerator   $ 12, 671,552     $ 16,145,634  
Weighted average common stock outstanding - denominator     18,455,776       18,349,044  
Effect of dilution     -       -  
Weighted average common stock outstanding - denominator     18,455,776       18,349,044  
Diluted income per share   $ 0.69     $ 0.88