Securities Available for Sale (Tables)

9 Months Ended

Sep. 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 September 30, 2017:

	Less Than 12 Months					12 Months or Longer
	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Preferred Stock	$	542,280	$	(2,396	)	$	-0-	$	-0-
Common Stock		67,438,450		(5,249,555	)		-0-		-0-
Total	$	67,980,730	$	(5,251,951	)	$	-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
8	$	52,273,480	$	(1,364,570	)		0-4	%
1		3,332,000		(302,882	)		8	%
1		12,375,250		(3,584,499	)		22	%
10	$	67,980,730	$	(5,251,951	)