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Securities Available for Sale (Tables)
3 Months Ended
Mar. 31, 2015
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 $                -0-   $                -0-   $    -0-   $    -0-
Common Stock 20,224,490   (1,079,174)     1,735,200   (378,135)
     Total $    20,224,490   $  (1,079,174)   $    1,735,200   $    (378,135)
Summary of the range of the losses

Number of

Individual Securities

 

 

Fair Value

 

 

Unrealized Loss

 

Range of Loss

3   $   8,823,250   $      (368,805) 0% to 5%
2   11,401,240   (710,369) 6 to 10%
1   1,735,200   (378,135) 18%
6   $   21,959,690   $ (1,457,309)