Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

Schedule of Useful Life of Property, Plant, and Equipment

The estimated useful lives used to compute depreciation are as follows:

Land improvements	5-15 years
Buildings	40 years
Furniture and equipment	5-15 years

Reduction in Earnings Per Share

The effect of the Company’s dividend payment on preferred stock and accretion of the preferred stock is as provided for the years ended December 31, 2012 and 2011:

	2012		2011
Dividend on preferred shares	$	1,006,886		920,000
Accretion dividend on preferred shares		222,360		111,180
Total cost of preferred stock	$	1,229,246		1,031,180
Reduction in earnings per share to common stockholders:
Basic	$	0.16	$	0.14
Fully diluted	$	0.16	$	0.14
Weighted average shares outstanding -basic		7,486,445		7,460,294
Weighted average shares outstanding -diluted		7,486,445		7,460,294