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Earnings per Share | 6 Months Ended
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Jun. 30, 2013
Earnings Per Share [Abstract] |
Earnings Per Share | (13) Earnings per Share For the three months and six months ended June 30, 2013 and 2012, there were no securities with dilutive effect issued and outstanding. The basic and diluted net income per share were calculated as follows:
|  | Three Months Ended June 30, |
|  | 2013 |  |  | 2012 |
Basic income per share |  |  |  |  |  |
Net Income for the period – numerator |  | $ | 3,656,136 |  |  | $ | 3,610,790 |
Weighted average common stock outstanding - denominator |  |  | 18,456,995 |  |  |  | 18,459,775 |
Net income per share |  | $ | 0.20 |  |  | $ | 0.20 |
Diluted income per share |  |  |  |  |  |  |  |
Net Income for the period – numerator |  | $ | 3,656,136 |  |  | $ | 3,610,790 |
Weighted average common stock outstanding - denominator |  |  | 18,456,995 |  |  |  | 18,459,775 |
Effect of dilution |  |  | - |  |  |  | - |
Weighted average common stock outstanding - denominator |  |  | 18,456,995 |  |  |  | 18,459,775 |
Diluted income per share |  | $ | 0.20 |  |  | $ | 0.20 |
|  | Six Months Ended June 30, |
|  | 2013 |  |  | 2012 |
Basic income per share |  |  |  |  |  |
Net Income for the period – numerator |  | $ | 3,959,191 |  |  | $ | 8,292,481 |
Weighted average common stock outstanding - denominator |  |  | 18,458,377 |  |  |  | 18,453,754 |
Net income per share |  | $ | 0.21 |  |  | $ | 0.45 |
Diluted income per share |  |  |  |  |  |  |  |
Net Income for the period – numerator |  | $ | 3,959,191 |  |  | $ | 8,292,481 |
Weighted average common stock outstanding - denominator |  |  | 18,458,377 |  |  |  | 18,453,754 |
Effect of dilution |  |  | - |  |  |  | - |
Weighted average common stock outstanding - denominator |  |  | 18,458,377 |  |  |  | 18,453,754 |
Diluted income per share |  | $ | 0.21 |  |  | $ | 0.45 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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