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Note 8 - Investments, Including Investments Accounted for Using the Equity Method (Tables)

9 Months Ended

Sep. 30, 2020

Notes Tables

Investment [Table Text Block]

		September 30,				December 31,
		2020				2019
Certificates of deposit		$	1,022,582			$	987,599
Corporate bonds available for sale			852,000				910,000
U.S. Treasury notes and corporate bond			5,420,081				4,649,572
Total		$	7,294,663			$	6,547,171

		September 30,				December 31,
		2020				2019
U.S. Treasury securities, held to maturity		$	535,896			$	1,094,983
Certificates of deposit			-				380,753
Preferred stock			104,019				104,019
Non-voting preferred units of Dream Finders Holdings, LLC			-				12,000,000
Non-voting common units of Dream Finders Holdings, LLC			-				10,000,000
Voting common stock of CBT Holding Corporation			19,058,485				19,058,485
Total		$	19,698,400			$	42,638,240

Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block]

						Gross
						Unrealized				Fair
		Cost				Gain (Loss)				Value
Marketable equity securities, September 30, 2020		$	81,823,525			$	(18,028,972	)		$	63,794,553
Marketable equity securities, December 31, 2019		$	49,554,926			$	6,353,001			$	55,907,927

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

						Gross
						Unrealized				Fair
		Cost				Gain (Loss)				Value
U.S. Treasury securities, September 30, 2020		$	76,645,205			$	22,333			$	76,667,538
U.S. Treasury securities, December 31, 2019		$	75,488,863			$	(79,664	)		$	75,409,199

Investments in and Advances to Affiliates [Table Text Block]

		September 30,				December 31,
		2020				2019
Beginning of period		$	771,805			$	568,713
Additional investment in unconsolidated affiliates			13,175,000				264,834
Distributions received			(326,144	)			(541,108	)
Equity in income of unconsolidated affiliates			2,406,151				479,366
End of period		$	16,026,812			$	771,805

Equity Method Investments [Table Text Block]

		For the Three Months Ended								For the Nine Months Ended
		September 30,								September 30,
		2020				2019				2020				2019
Revenue		$	288,403,203			$	189,128,487			$	676,336,442			$	500,120,488
Gross profit			44,856,872				35,123,562				99,618,080				90,727,565
Income from continuing operations			23,983,417				11,657,183				41,911,245				27,144,185
Net income			23,429,704				10,693,812				41,162,122				24,710,096

X

- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 325
-URI http://asc.fasb.org/topic&trid=2197064

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-Topic 946
-SubTopic 320
-Section S99
-Paragraph 6
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