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INVESTMENT SECURITIES (Tables)
12 Months Ended
Dec. 31, 2017
Investments, Debt and Equity Securities [Abstract]  
Held-to-maturity Securities
      December 31, 2017    
      Amortized cost, as adjusted         Gross unrealized holding gains         Gross unrealized holding losses         Estimated fair value    
Short-term investments:                        
Obligations of domestic governmental agencies (maturing between January 2018 and November 2018) (held-to-maturity)   $ 27,998,810     $ --     $ 35,235     $ 27,963,575  
    Total short-term investment securities   $ 27,998,810     $ --     $ 35,235     $ 27,963,575  

 

    December 31, 2016  
    Amortized cost, as adjusted     Gross unrealized holding gains     Gross unrealized holding losses     Estimated fair value  
Short-term investments:                        
Obligations of domestic governmental agencies (maturing between February 2017 and September 2017) (held-to-maturity)   $ 19,853,860     $ 3,270     $ 2,492     $ 19,854,638  
    Total short-term investment securities   $ 19,853,860     $ 3,270     $ 2,492     $ 19,854,638