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Statements Of Stockholders' Equity - USD ($)
Total
Common Stock [Member]
Capital in Excess of Par Value [Member]
Deferred Directors' Compensation [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Balances at Dec. 31, 2021 $ 88,340,552 $ 573,192 $ 36,741,266 $ 1,835,721 $ 54,798,980 $ (5,608,607)
Balances, shares at Dec. 31, 2021   34,405,287        
Balances, Treasury shares at Dec. 31, 2021           (377,232)
Net income (loss) (4,020,455)       (4,020,455)  
Cost of equity issuance (48,166)   (48,166)      
At-the market offering 8,017 $ 45 7,972      
At-the market offering, shares   2,710        
Restricted stock award expense 433,137   433,137      
Distribution of deferred directors' compensation   $ 1,024 462,735 (463,759)    
Distribution of deferred directors' compensation, shares   61,452        
Increase in deferred directors' compensation charged to expense 35,461     35,461    
Balances at Mar. 31, 2022 84,748,546 $ 574,261 37,596,944 1,407,423 50,778,525 $ (5,608,607)
Balances, shares at Mar. 31, 2022   34,469,449        
Balances, Treasury shares at Mar. 31, 2022           (377,232)
Balances at Dec. 31, 2021 88,340,552 $ 573,192 36,741,266 1,835,721 54,798,980 $ (5,608,607)
Balances, shares at Dec. 31, 2021   34,405,287        
Balances, Treasury shares at Dec. 31, 2021           (377,232)
Net income (loss) 13,727,023          
Balances at Sep. 30, 2022 107,778,519 $ 596,041 44,177,051 1,496,243 67,117,791 $ (5,608,607)
Balances, shares at Sep. 30, 2022   35,776,752        
Balances, Treasury shares at Sep. 30, 2022           (377,232)
Balances at Mar. 31, 2022 84,748,546 $ 574,261 37,596,944 1,407,423 50,778,525 $ (5,608,607)
Balances, shares at Mar. 31, 2022   34,469,449        
Balances, Treasury shares at Mar. 31, 2022           (377,232)
Net income (loss) 8,589,010       8,589,010  
At-the market offering 4,742,769 $ 20,184 4,722,585      
At-the market offering, shares   1,211,521        
Restricted stock award expense 530,066   530,066      
Dividends (691,488)       (691,488)  
Increase in deferred directors' compensation charged to expense 44,267     44,267    
Balances at Jun. 30, 2022 97,963,170 $ 594,445 42,849,595 1,451,690 58,676,047 $ (5,608,607)
Balances, shares at Jun. 30, 2022   35,680,970        
Balances, Treasury shares at Jun. 30, 2022           (377,232)
Net income (loss) 9,158,468       9,158,468  
At-the market offering 336,426 $ 1,596 334,830      
At-the market offering, shares   95,782        
Restricted stock award expense 992,626   992,626      
Dividends (716,724)       (716,724)  
Increase in deferred directors' compensation charged to expense 44,553     44,553    
Balances at Sep. 30, 2022 107,778,519 $ 596,041 44,177,051 1,496,243 67,117,791 $ (5,608,607)
Balances, shares at Sep. 30, 2022   35,776,752        
Balances, Treasury shares at Sep. 30, 2022           (377,232)
Balances at Dec. 31, 2022 $ 110,103,126 $ 598,731 43,344,916 1,541,070 68,925,774 $ (4,307,365)
Balances, shares at Dec. 31, 2022   35,938,206        
Balances, Treasury shares at Dec. 31, 2022 300,272         (300,272)
Net income (loss) $ 9,553,244       9,553,244  
Restricted stock award expense 580,998   580,998      
Dividends (50,034)       (50,034)  
Distribution of restricted stock to employees and directors     (766,846)     $ 766,846
Distribution of restricted stock to officers and directors, shares           53,476
Distribution of deferred directors' compensation     (24,330) (281,497)   $ 305,827
Distribution of deferred directors' compensation, shares           21,312
Increase in deferred directors' compensation charged to expense 53,589     53,589    
Balances at Mar. 31, 2023 120,240,923 $ 598,731 43,134,738 1,313,162 78,428,984 $ (3,234,692)
Balances, shares at Mar. 31, 2023   35,938,206        
Balances, Treasury shares at Mar. 31, 2023           (225,484)
Balances at Dec. 31, 2022 $ 110,103,126 $ 598,731 43,344,916 1,541,070 68,925,774 $ (4,307,365)
Balances, shares at Dec. 31, 2022   35,938,206        
Balances, Treasury shares at Dec. 31, 2022 300,272         (300,272)
Net income (loss) $ 11,407,356          
Balances at Sep. 30, 2023 $ 121,655,992 $ 598,742 44,249,366 1,425,155 78,618,090 $ (3,235,361)
Balances, shares at Sep. 30, 2023   35,938,900        
Balances, Treasury shares at Sep. 30, 2023 225,723         (225,723)
Balances at Mar. 31, 2023 $ 120,240,923 $ 598,731 43,134,738 1,313,162 78,428,984 $ (3,234,692)
Balances, shares at Mar. 31, 2023   35,938,206        
Balances, Treasury shares at Mar. 31, 2023           (225,484)
Net income (loss) (41,291)       (41,291)  
Purchase of treasury stock (669)         $ 669
Purchase of treasury stock, shares           239
Restricted stock award expense 647,873   647,873      
Dividends (832,498)       (832,498)  
Distribution of restricted stock to employees and directors   $ 11 (11)      
Distribution of restricted stock to employees and directors, shares   694        
Increase in deferred directors' compensation charged to expense 55,794     55,794    
Balances at Jun. 30, 2023 120,070,132 $ 598,742 43,782,600 1,368,956 77,555,195 $ (3,235,361)
Balances, shares at Jun. 30, 2023   35,938,900        
Balances, Treasury shares at Jun. 30, 2023           (225,723)
Net income (loss) 1,895,403       1,895,403  
Restricted stock award expense 466,766   466,766      
Dividends (832,508)       832,508  
Increase in deferred directors' compensation charged to expense 56,199     56,199    
Balances at Sep. 30, 2023 $ 121,655,992 $ 598,742 $ 44,249,366 $ 1,425,155 $ 78,618,090 $ (3,235,361)
Balances, shares at Sep. 30, 2023   35,938,900        
Balances, Treasury shares at Sep. 30, 2023 225,723         (225,723)