Annual report pursuant to Section 13 and 15(d)

Payment of Dividends

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Payment of Dividends
12 Months Ended
Dec. 31, 2017
Payments of Dividends [Abstract]  
Payment of Dividends
Payment of Dividends
At the end of each fiscal year the Board reviews the financial performance and capital needed to support future growth to determine the amount of cash dividend, if any, which is appropriate. In 2017, the Company paid a $0.13 cash dividend on November 6, 2017 for a total of $1,148,513. In 2016, no dividends were declared or paid by the Company. In 2015, the Company paid a $0.30 cash dividend on December 8, 2015 for a total payment of $2,617,513.