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Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock
Common Stock
Capital in Excess of Par
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Treasury Stock
Total
Beginning Balance, Shares at Dec. 31, 2018 0 11,775,148       1,027,439  
Beginning Balance, Amount at Dec. 31, 2018 $ 0 $ 117,751 $ 67,763,940 $ (2,884,313) $ 26,380,816 $ (2,712,552) $ 88,665,642
Stock-based compensation     309,882       309,882
Vesting of restricted stock awards, Shares   27,593          
Vesting of restricted stock awards, Amount   $ 275 (275)        
Shares deducted from restricted stock awards for payment of withholding taxes, Shares   (6,553)          
Shares deducted from restricted stock awards for payment of withholding taxes, Amount   $ (64) (115,943)       (116,007)
Dividends         (1,075,962)   (1,075,962)
Net income/(loss)         (7,335,190)   (7,335,190)
Change in unrealized gains/(losses) on available-for-sale securities, net of tax       3,326,806     3,326,806
Ending Balance, Shares at Mar. 31, 2019 0 11,796,188       1,027,439  
Ending Balance, Amount at Mar. 31, 2019 $ 0 $ 117,962 67,957,604 442,493 17,969,664 $ (2,712,552) 83,775,171
Beginning Balance, Shares at Dec. 31, 2019 0 11,824,889       1,027,439  
Beginning Balance, Amount at Dec. 31, 2019 $ 0 $ 118,248 69,133,918 4,768,870 16,913,097 $ (2,712,552) 88,221,581
Stock-based compensation     487,450       487,450
Vesting of restricted stock awards, Shares   38,866          
Vesting of restricted stock awards, Amount   $ 387 (387)        
Shares deducted from restricted stock awards for payment of withholding taxes, Shares   (12,489)          
Shares deducted from restricted stock awards for payment of withholding taxes, Amount   $ (123) (87,831)       (87,954)
Acquisition of treasury stock, Shares           42,434  
Acquisition of treasury stock, Amount           $ (242,724) (242,724)
Dividends         (675,960)   (675,960)
Net income/(loss)         (5,444,203)   (5,444,203)
Change in unrealized gains/(losses) on available-for-sale securities, net of tax       (5,395,471)     (5,395,471)
Ending Balance, Shares at Mar. 31, 2020 0 11,851,266       1,069,873  
Ending Balance, Amount at Mar. 31, 2020 $ 0 $ 118,512 $ 69,533,150 $ (626,601) $ 10,792,934 $ (2,955,276) $ 76,862,719