Securities Available for Sale (Tables)

6 Months Ended

Jun. 30, 2012

Investments, Debt and Equity Securities [Abstract]

Summary of temporarily impaired securities

	Less Than 12 Months		12 Months or Longer
	Fair	Unrealized	Fair	Unrealized
	Value	Loss	Value	Loss
Preferred Stock	$1,121,260	($29,050)	$    -0-	$    -0-
Common Stock	7,877,585	(592,493)	-0-	-0-
Total	$8,998,845	($621,543)	$    -0-	$    -0-

Summary of the range of the losses

Number of Individual Securities	Fair Value	Unrealized Loss	Range of Loss
8	$8,885,045	($577,143)	Less than or equal to 10%
1	113,800	(44,400)	Less than or equal to 30%
9	$8,998,845	($621,543)