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Investments | 6 Months Ended
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Jun. 30, 2013
Investments [Abstract] |
Investments | Note 4 – INVESTMENTS The cost and fair value of investments classified as available for sale are as follows:
June 30, 2013 |  | Cost |  |  | Unrealized Gains |  |  | Unrealized Losses |  |  | Fair Value |
Equities |  | $ | 893,998 |  |  | $ | 83,082 |  |  | $ | (39,910 | ) |  | $ | 937,170 |
Mutual Funds |  |  | 17,803 |  |  |  | 0 |  |  |  | (209 | ) |  |  | 17,594 |
Preferred Securities |  |  | 403,300 |  |  |  | 40 |  |  |  | (26,030 | ) |  |  | 377,310 |
Corporate Bonds |  |  | 1,216,728 |  |  |  | 5,100 |  |  |  | (70,230 | ) |  |  | 1,151,598 |
Total |  | $ | 2,531,829 |  |  | $ | 88,222 |  |  | $ | (136,379 | ) |  | $ | 2,483,672 |
June 30, 2012 |  | Cost |  |  | Unrealized Gains |  |  | Unrealized Losses |  |  | Fair Value |
Equities |  | $ | 642,977 |  |  | $ | 74,414 |  |  | $ | (10,644 | ) |  | $ | 706,747 |
Mutual Funds |  |  | 56,872 |  |  |  | 2,097 |  |  |  | (237 | ) |  |  | 58,732 |
Preferred Securities |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Corporate Bonds |  |  | 1,118,173 |  |  |  | 9,483 |  |  |  | (25,901 | ) |  |  | 1,101,755 |
Total |  | $ | 1,818,022 |  |  | $ | 85,994 |  |  | $ | (36,782 | ) |  | $ | 1,867,234 |
December 31, 2012 |  | Cost |  |  | Unrealized Gains |  |  | Unrealized Losses |  |  | Fair Value |
Equities |  | $ | 639,974 |  |  | $ | 90,875 |  |  | $ | (5,190 | ) |  | $ | 725,659 |
Corporate Bonds |  |  | 1,135,064 |  |  |  | 16,212 |  |  |  | (7,047 | ) |  |  | 1,144,229 |
Total |  | $ | 1,775,038 |  |  | $ | 107,087 |  |  | $ | (12,237 | ) |  | $ | 1,869,888 |
Proceeds from the sale of investments were $1,948,839 and $658,233 for the six months ended June 30, 2013 and 2012, respectively. Gross gains of $151,472 and $37,405 and gross losses of $30,192 and $15,014 were realized on these sales during the six months ended June 30, 2013 and 2012, respectively. The following table shows the gross unrealized losses and fair value of the Company's investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at June 30, 2013 and 2012 and at December 31, 2012:
|  | Less Than 12 Months |  |  | 12 Months or Greater |  |  | Total |
June 30, 2013 |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |
Equities |  | $ | 455,403 |  |  | $ | (39,910 | ) |  | $ | 0 |  |  | $ | 0 |  |  | $ | 455,403 |  |  | $ | (39,910 | )
Mutual Funds |  |  | 17,594 |  |  |  | (209 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 17,594 |  |  |  | (209 | )
Preferred Securities |  |  | 302,265 |  |  |  | (26,030 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 302,265 |  |  |  | (26,030 | )
Corporate Bonds |  |  | 876,607 |  |  |  | (60,701 | ) |  |  | 115,691 |  |  |  | (9,529 | ) |  |  | 992,298 |  |  |  | (70,230 | )
|  | $ | 1,651,869 |  |  | $ | 126,850 |  |  | $ | 115,691 |  |  | $ | (9,529 | ) |  | $ | 1,767,560 |  |  | $ | (136,379 | )
|  | Less Than 12 Months |  |  | 12 Months or Greater |  |  | Total |
June 30, 2012 |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |
Equities |  | $ | 57,963 |  |  | $ | (6,972 | ) |  | $ | 76,496 |  |  | $ | (3,673 | ) |  | $ | 134,459 |  |  | $ | (10,645 | )
Mutual Funds |  |  | 0 |  |  |  | 0 |  |  |  | 2,952 |  |  |  | (237 | ) |  |  | 2,952 |  |  |  | (237 | )
Preferred Securities |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Corporate Bonds |  |  | 547,884 |  |  |  | (22,864 | ) |  |  | 49,090 |  |  |  | (3,037 | ) |  |  | 596,974 |  |  |  | (25,901 | )
|  | $ | 605,847 |  |  | $ | (29,836 | ) |  | $ | 128,538 |  |  | $ | (6,647 | ) |  | $ | 734,385 |  |  | $ | (36,783 | )
|  | Less Than 12 Months |  |  | 12 Months or Greater |  |  | Total |
December 31, 2012 |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |
Equities |  | $ | 63,620 |  |  | $ | (3,745 | ) |  | $ | 21,910 |  |  | $ | (1,445 | ) |  | $ | 85,530 |  |  | $ | (5,190 | )
Corporate Bonds |  |  | 301,229 |  |  |  | (2,721 | ) |  |  | 193,930 |  |  |  | (4,326 | ) |  |  | 495,159 |  |  |  | (7,047 | )
|  | $ | 364,849 |  |  | $ | (6,466 | ) |  | $ | 215,840 |  |  | $ | (5,771 | ) |  | $ | 580,689 |  |  | $ | (12,237 | )
Equities, Mutual Funds, Preferred Securities, and Corporate Bonds - The Company's investments in equity securities, mutual funds, preferred securities, and corporate bonds consist of investments in common stock, preferred stock and debt securities of companies in various industries. As of June 30, 2013, three corporate bond securities that had unrealized losses. The Company evaluated the near-term prospects of the issuer in relation to the severity and duration of the impairment. Based on that evaluation and the Company's ability and intent to hold these investments for a reasonable period of time sufficient for a forecasted recovery of fair value, the Company did not consider any material investments to be other-than-temporarily impaired at June 30, 2013.

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