Securities Available For Sale (Tables)

6 Months Ended

Jun. 30, 2017

Investments, Debt and Equity Securities [Abstract]

Summary of Temporarily Impaired Securities

The following is a summary of the securities that the Company has determined to be temporarily impaired as of June 30, 2017:

	Less Than 12 Months					12 Months or Longer
	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Preferred Stock	$	2,003,826	$	(33,588	)	$	-0-	$	-0-
Common Stock		58,822,150		(4,995,522	)		-0-		-0-
Total	$	60,825,976	$	(5,029,110	)	$	-0-	$	-0-

Summary of Range of Losses

The following is a summary of the range of the losses on these temporarily impaired securities:

Number of Individual Securities	Fair Value		Unrealized Loss			Range of Loss
6	$	40,241,456	$	(951,105	)		0-5	%
2		9,204,020		(618,756	)		6-10	%
1		11,380,500		(3,459,249	)		23	%
9	$	60,825,976	$	(5,029,110	)