| Schedule of Computation of Basic and Diluted Earnings per Share |
The table below details the computation of basic and diluted earnings per share ("EPS") for the three months ended June 30, 2021 and 2020:
|
|
|
For the three months ended
June 30, 2021 |
|
For the three months ended
June 30, 2020 | |
Net income attributable to common stockholders for the period |
|
$ |
55,124 |
|
$ |
53,785 | |
|
|
|
|
|
|
| |
Weighted average number of shares outstanding |
|
|
226,902,935 |
|
|
223,994,635 | |
|
|
|
|
|
|
| |
Basic earnings per share |
|
$ |
0.00 |
|
$ |
0.00 |
The following table sets for the computation of diluted earnings per share:
|
|
|
For the three months ended
June 30, 2021 |
|
For the three months ended
June 30, 2020 | |
Net income attributable to common stockholders for the period |
|
$ |
55,124 |
|
$ |
53,785 | |
Add: Preferred stock dividends |
|
|
10,119 |
|
|
10,231 | |
|
|
|
|
|
|
| |
Adjusted net income |
|
$ |
65,243 |
|
$ |
64,016 | |
|
|
|
|
|
|
| |
Weighted average number of shares outstanding |
|
|
226,602,935 |
|
|
223,994,635 | |
Add: Shares issued upon conversion of preferred stock |
|
|
374,212,695 |
|
|
376,820,995 | |
Weighted average number of common and common equivalent shares |
|
|
600,815,630 |
|
|
600,815,630 | |
|
|
|
|
|
|
| |
Diluted earnings per share |
|
$ |
0.00 |
|
$ |
0.00 |
The table below details the computation of basic and diluted earnings per share ("EPS") for the nine months ended June 30, 2021 and 2020:
|
|
|
For the nine months ended
June 30, 2021 |
|
For the nine months ended
June 30, 2020 | |
Net income attributable to common stockholders for the period |
|
$ |
141,205 |
|
$ |
86,871 | |
|
|
|
|
|
|
| |
Weighted average number of shares outstanding |
|
|
224,997,827 |
|
|
222,355,291 | |
|
|
|
|
|
|
| |
Basic earnings per share |
|
$ |
0.00 |
|
$ |
0.00 |
The following table sets for the computation of diluted earnings per share:
|
|
|
For the nine months ended
June 30, 2021 |
|
For the nine months ended
June 30, 2020 | |
Net income attributable to common stockholders for the period |
|
$ |
141,205 |
|
$ |
86,871 | |
Add: Preferred stock dividends |
|
|
30,584 |
|
|
30,806 | |
|
|
|
|
|
|
| |
Adjusted net income |
|
$ |
171,789 |
|
$ |
117,677 | |
|
|
|
|
|
|
| |
Weighted average number of shares outstanding |
|
|
224,997,827 |
|
|
222,355,291 | |
Add: Shares issued upon conversion of preferred stock |
|
|
374,212,695 |
|
|
376,820,995 | |
Weighted average number of common and common equivalent shares |
|
|
599,210,522 |
|
|
599,176,286 | |
|
|
|
|
|
|
| |
Diluted earnings per share |
|
$ |
0.00 |
|
$ |
0.00
|
|