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Statements of Shareholders' Equity (Unaudited) - USD ($)
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Mar. 31, 2019   4,846,010        
Balance at Mar. 31, 2019   $ 48,460 $ 19,910,558 $ (82,725) $ 62,903,918 $ 82,780,211
Unrealized (loss) gain from marketable securities, net of tax   570,063 570,063
Net income         3,607,419 3,607,419
Total comprehensive income           4,177,482
Cash dividends declared ($1.00 per share of common stock)         (4,846,010) (4,846,010)
Balance (in shares) at Jun. 30, 2019   4,846,010        
Balance at Jun. 30, 2019   $ 48,460 19,910,558 487,338 61,665,327 82,111,683
Balance (in shares) at Mar. 31, 2019   4,846,010        
Balance at Mar. 31, 2019   $ 48,460 19,910,558 (82,725) 62,903,918 82,780,211
Unrealized (loss) gain from marketable securities, net of tax           780,016
Net income           11,160,145
Balance (in shares) at Dec. 31, 2019   4,846,010        
Balance at Dec. 31, 2019   $ 48,460 19,958,918 697,291 59,526,033 80,230,702
Balance (in shares) at Jun. 30, 2019   4,846,010        
Balance at Jun. 30, 2019   $ 48,460 19,910,558 487,338 61,665,327 82,111,683
Unrealized (loss) gain from marketable securities, net of tax   178,716 178,716
Net income         3,822,062 3,822,062
Total comprehensive income           4,000,778
Stock-based compensation   48,360 48,360
Cash dividends declared ($1.00 per share of common stock)         (4,846,010) (4,846,010)
Balance (in shares) at Sep. 30, 2019   4,846,010        
Balance at Sep. 30, 2019   $ 48,460 19,958,918 666,054 60,641,379 81,314,811
Unrealized (loss) gain from marketable securities, net of tax   31,237 31,237
Net income   3,730,664 3,730,664
Total comprehensive income   3,761,901
Cash dividends declared ($1.00 per share of common stock)   (4,846,010) (4,846,010)
Balance (in shares) at Dec. 31, 2019   4,846,010        
Balance at Dec. 31, 2019   $ 48,460 19,958,918 697,291 59,526,033 80,230,702
Balance (in shares) at Mar. 31, 2020   4,835,038        
Balance at Mar. 31, 2020   $ 48,350 19,383,956 516,523 58,046,520 77,995,349 [1]
Unrealized (loss) gain from marketable securities, net of tax   1,242,662 1,242,662
Net income         2,411,865 2,411,865
Total comprehensive income           3,654,527
Stock-based compensation   2,707 2,707
Cash dividends declared ($1.00 per share of common stock)         (4,835,038) (4,835,038)
Balance (in shares) at Jun. 30, 2020 4,835,038          
Balance at Jun. 30, 2020   $ 48,350 19,386,663 1,759,185 55,623,347 76,817,545
Balance (in shares) at Mar. 31, 2020   4,835,038        
Balance at Mar. 31, 2020   $ 48,350 19,383,956 516,523 58,046,520 77,995,349 [1]
Unrealized (loss) gain from marketable securities, net of tax           966,886
Net income           8,559,914
Balance (in shares) at Dec. 31, 2020   4,833,232        
Balance at Dec. 31, 2020   $ 48,332 19,333,852 1,483,409 52,103,126 72,968,719
Balance (in shares) at Jun. 30, 2020 4,835,038          
Balance at Jun. 30, 2020   48,350 19,386,663 1,759,185 55,623,347 76,817,545
Unrealized (loss) gain from marketable securities, net of tax   (130,324) (130,324)
Net income   2,222,340 2,222,340
Total comprehensive income   2,092,016
Stock-based compensation   34,315 34,315
Cash dividends declared ($1.00 per share of common stock)   (4,835,038) (4,835,038)
Repurchase of common stock (in shares)   (1,806)        
Repurchase of common stock   $ (18) (91,401) (91,419)
Balance (in shares) at Sep. 30, 2020   4,833,232        
Balance at Sep. 30, 2020   $ 48,332 19,329,577 1,628,861 53,010,649 74,017,419
Unrealized (loss) gain from marketable securities, net of tax   (145,452) (145,452)
Net income   3,925,709 3,925,709
Total comprehensive income   3,780,257
Stock-based compensation   4,275 4,275
Cash dividends declared ($1.00 per share of common stock)   (4,833,232) (4,833,232)
Balance (in shares) at Dec. 31, 2020   4,833,232        
Balance at Dec. 31, 2020   $ 48,332 $ 19,333,852 $ 1,483,409 $ 52,103,126 $ 72,968,719
[1] The March 31, 2020 Balance Sheet is derived from the audited financial statements contained in our Annual Report on Form 10-K for the fiscal year ended March 31, 2020.