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CONSOLIDATED STATEMENTS OF SHAREHOLDERS EQUITY - USD ($) | Common Stock [Member] | Common Stock Including Additional Paid in Capital [Member] | Retained Earnings [Member] | Total
--- | --- | --- | --- | ---
BALANCE - December 31, 20 at Dec. 31, 2012 |  | $ 69,694,770 | $ 55,942,106 | $ 125,636,876
BALANCE - December 31, 20 (in Shares) at Dec. 31, 2012 | 7,503,568 |  |  |
YEAR ENDED DECEMBER 31, 2013 |  |  |  |
Net income |  |  | 7,372,756 | 7,372,756
Dividends Paid on Common Stock |  |  | (2,254,935) | (2,254,935)
Stock compensation expense |  | 458,800 |  | 458,800
Stock compensation expense (in Shares) | 32,880 |  |  |
BALANCE - December 31, 20 at Dec. 31, 2013 |  | 70,153,570 | 61,059,927 | 131,213,497
BALANCE - December 31, 20 (in Shares) at Dec. 31, 2013 | 7,536,448 |  |  |
YEAR ENDED DECEMBER 31, 2013 |  |  |  |
Net income |  |  | 9,845,298 | 9,845,298
Dividends Paid on Common Stock |  |  | (3,017,979) | (3,017,979)
Stock compensation expense |  | 307,102 |  | 307,102
Stock compensation expense (in Shares) | 13,678 |  |  |
BALANCE - December 31, 20 at Dec. 31, 2014 |  | 70,460,672 | 67,887,246 | 138,347,918
BALANCE - December 31, 20 (in Shares) at Dec. 31, 2014 | 7,550,126 |  |  |
YEAR ENDED DECEMBER 31, 2013 |  |  |  |
Net income |  |  | 6,603,157 | 6,603,157
Dividends Paid on Common Stock |  |  | (3,252,254) | (3,252,254)
Stock issued and options exercised including related tax benefits |  | 8,742 |  | $ 8,742
Stock issued and options exercised including related tax benefits (in Shares) | 600 |  |  | 600
Stock compensation expense |  | 412,978 |  | $ 412,978
Stock compensation expense (in Shares) | 16,545 |  |  |
BALANCE - December 31, 20 at Dec. 31, 2015 |  | $ 70,882,392 | $ 71,238,149 | $ 142,120,541
BALANCE - December 31, 20 (in Shares) at Dec. 31, 2015 | 7,567,271 |  |  |

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