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INVESTMENT IN HECTOR COMMUNICATION CORPORATION (Tables)
12 Months Ended
Dec. 31, 2013
Equity Method Investments and Joint Ventures [Abstract]  

 

2013

 

2012

Equity Investment

$

-

 

$

18,000,000

Cumulative Income

 

-

 

 

4,129,162

Realized Loss on HCC Spin-Off

 

-

 

 

(111,546)

Spin-Off Transaction

 

-

 

 

(22,017,616)

Total

$

-

 

$

-

 

 

 

 

 

 

 

2013

 

2012

Balance Beginning of Year

$

-

 

$

3,358,623

Current Income

 

-

 

 

770,539

Spin-Off Transaction

 

-

 

 

(4,129,162)

Cumulative Undistributed Earnings

$

-

 

$

-

Condensed Income Statement [Table Text Block]
 

2012

Current Assets

$

3,065,977

Noncurrent Assets

 

120,762,774

Current Liabilities

 

44,210,503

Noncurrent Liabilities

 

13,565,175

Stockholders' Equity

 

66,053,073

     

Revenues

 

26,682,461

Operating Income

 

4,101,617

Net Income

 

2,311,618