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Computation of Earnings Per Share (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Basic and diluted earnings per share [Abstract]    
Net income $ 1,221,700 $ 6,437,600
Weighted average shares outstanding for the period (in shares) 1,566,699 1,544,285
Dilutive effect of warrants (in shares) 0 0
Weighted average diluted shares used in calculation of diluted earnings per share (in shares) 1,566,699 1,544,285
Basic earnings per share (in dollars per share) $ 0.78 $ 4.17
Diluted earnings per share (in dollars per share) $ 0.78 $ 4.17
Common stock issued to warrant holders (in shares) 23,442