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Securities Available for Sale (Tables)
3 Months Ended
Mar. 31, 2014
Securities Available For Sale [Abstract]  
Summary of temporarily impaired securities

 Less Than 12 Months  12 Months or Longer
  Fair  Unrealized  Fair  Unrealized
 Value Loss Value Loss
Preferred Stock$    3,944,894 $       (82,258) $    -0- $    -0-
Common Stock1,783,950 (269,441) $    -0- $    -0-
     Total$    5,728,844 $  (351,699) $    -0- $    -0-
Summary of the range of the losses

Number of

Individual Securities

 

 

Fair Value

 

 

Unrealized Loss

 

Range of Loss

9 $   3,937,154 $      (68,486)0% to 5%
1 232,440 (17,560)7%
1 1,559,250 (265,653)15%
11 $   5,728,844 $ (351,699)