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Securities Available for Sale (Tables)
6 Months Ended
Jun. 30, 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 $    241,000   $       (9,000)   $    -0-   $    -0-
Common Stock 1,611,000   (213,903)   $    -0-   $    -0-
     Total $    1,852,000   $  (222,903)   $    -0-   $    -0-
 
Summary of the range of the losses
 

Number of

Individual Securities

 

 

Fair Value

 

 

Unrealized Loss

 

Range of Loss

1   $   241,000   $      (9,000) 4%
1   1,611,000   (213,903) 12%
2   $   1,852,000   $ (222,903)