Note 7 - Investments in Equity Securities

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

7.  INVESTMENTS IN EQUITY SECURITIES

Investments in equity securities are summarized in the table below:

					UNREALIZED			REALIZED
	BALANCE		ACQUISITIONS,		GAINS			GAINS		BALANCE
	AT		DISPOSITIONS		(LOSSES)			INCLUDED		AT END
	BEGINNING		AND		INCLUDED			IN		OF
	OF YEAR		SETTLEMENTS		IN EARNINGS			EARNINGS		PERIOD
For the year ended December 31, 2021	$	1,534,400	$	19,698	$	(188,615	)	$	152,761	$	1,518,244
Year-to-date September 30, 2022		1,518,244		-		(535,439	)		-		982,805

Investments by fair value level in the hierarchy as of September 30, 2022 and December 31, 2021 are as follows:

	Quoted Market Prices in Attractive Markets (Level 1)		Models with Significant Observable Market Parameters (Level 2)		Unobservable Inputs that are not Corroborated by Market Data (Level 3)		Total Carrying Value in the Balance Sheet
Common stock as of September 30, 2022	$	982,805	$	-	$	-	$	982,805
Common stock as of December 31, 2021	$	1,518,244	$	-	$	-	$	1,518,244