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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, 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)
Net income (loss) 9,553,244       9,553,244  
Restricted stock award expense 580,998   580,998      
Dividends declared (50,034)       (50,034)  
Distribution of restricted stock to officers 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)
Net income (loss) 9,511,953          
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)
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 declared (832,498)       (832,498)  
Distribution of restricted stock to officers and directors   $ 11 (11)      
Distribution of restricted stock to officers 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)
Balances at Dec. 31, 2023 $ 123,231,414 $ 601,788 41,676,417 1,487,590 80,022,839 $ (557,220)
Balances, shares at Dec. 31, 2023   36,121,723        
Balances, Treasury shares at Dec. 31, 2023 131,477         (131,477)
Net income (loss) $ (183,615)       (183,615)  
Restricted stock award expense 656,656   656,656      
Dividends declared (1,121,314)       (1,121,314)  
Distribution of deferred directors' compensation     70,344 (107,199)   $ 36,855
Distribution of deferred directors' compensation, shares           8,692
Increase in deferred directors' compensation charged to expense 45,132     45,132    
Balances at Mar. 31, 2024 122,628,273 $ 601,788 42,403,417 1,425,523 78,717,910 $ (520,365)
Balances, shares at Mar. 31, 2024   36,121,723        
Balances, Treasury shares at Mar. 31, 2024           (122,785)
Balances at Dec. 31, 2023 $ 123,231,414 $ 601,788 41,676,417 1,487,590 80,022,839 $ (557,220)
Balances, shares at Dec. 31, 2023   36,121,723        
Balances, Treasury shares at Dec. 31, 2023 131,477         (131,477)
Net income (loss) $ 1,112,156          
Balances at Jun. 30, 2024 $ 123,498,004 $ 601,788 43,054,447 1,471,052 78,891,082 $ (520,365)
Balances, shares at Jun. 30, 2024   36,121,723        
Balances, Treasury shares at Jun. 30, 2024 122,785         (122,785)
Balances at Mar. 31, 2024 $ 122,628,273 $ 601,788 42,403,417 1,425,523 78,717,910 $ (520,365)
Balances, shares at Mar. 31, 2024   36,121,723        
Balances, Treasury shares at Mar. 31, 2024           (122,785)
Net income (loss) 1,295,771       1,295,771  
Restricted stock award expense 651,030   651,030      
Dividends declared (1,122,599)       (1,122,599)  
Increase in deferred directors' compensation charged to expense 45,529     45,529    
Balances at Jun. 30, 2024 $ 123,498,004 $ 601,788 $ 43,054,447 $ 1,471,052 $ 78,891,082 $ (520,365)
Balances, shares at Jun. 30, 2024   36,121,723        
Balances, Treasury shares at Jun. 30, 2024 122,785         (122,785)