Schedule of fair value of values of assets designated as Investments in equity securities |
The following tables summarize the values of assets designated as Investments in debt and equity securities: | | | | | | | | | | | | | | | December 31, 2023 | | | Level 1 | | Level 2 | | Level 3 | | Total | Equity securities | | $ | 18,282,556 | | $ | — | | $ | — | | $ | 18,282,556 | Mutual funds | | | 15,656,757 | | | — | | | — | | | 15,656,757 | Municipal bonds | | | 681,900 | | | — | | | — | | | 681,900 | | | $ | 34,621,213 | | $ | — | | $ | — | | $ | 34,621,213 |
| | | | | | | | | | | | | | | December 31, 2022 | | | Level 1 | | Level 2 | | Level 3 | | Total | Equity securities | | $ | 27,692,459 | | $ | — | | $ | — | | $ | 27,692,459 | Mutual funds | | | 1,302,973 | | | | | | | | | 1,302,973 | Municipal bonds | | | 661,882 | | | | | | — | | | 661,882 | | | $ | 29,657,314 | | $ | — | | $ | — | | $ | 29,657,314 |
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Schedule of gross unrealized gains (losses) on investments in equity securities |
The following table summarizes gross unrealized gains and losses from Investments in debt and equity securities: | | | | | | | | | | | | | | | December 31, 2023 | | | | | | Cumulative Unrealized | | Aggregate | | | Cost | | Gains | | Losses | | Fair Value | Equity securities | | $ | 24,074,112 | | $ | — | | $ | (5,791,556) | | $ | 18,282,556 | Mutual funds | | | 15,576,527 | | | 80,230 | | | — | | | 15,656,757 | Municipal bonds | | | 635,425 | | | 46,475 | | | — | | | 681,900 | | | $ | 40,286,064 | | $ | 126,705 | | $ | (5,791,556) | | $ | 34,621,213 |
| | | | | | | | | | | | | | | December 31, 2022 | | | | | | Cumulative Unrealized | | Aggregate | | | Cost | | Gains | | Losses | | Fair Value | Equity securities | | $ | 22,913,739 | | $ | 4,778,720 | | $ | — | | $ | 27,692,459 | Mutual funds | | | 1,252,804 | | | 50,169 | | | — | | | 1,302,973 | Municipal bonds | | | 634,455 | | | 27,427 | | | | | | 661,882 | | | $ | 24,800,998 | | $ | 4,856,316 | | $ | — | | $ | 29,657,314 |
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