XML 18 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-In Capital [Member]
Treasury Stock [Member]
Accumulated Deficit [Member]
Total
Balance at Dec. 31, 2015 $ 7,441 $ 18,500,524 $ (369,335) $ (395,707) $ 17,742,923
Balance, shares at Dec. 31, 2015 7,441,039   177,000    
Non cash compensation 13,589 13,589
Exercise of warrants $ 98 409,687 409,785
Exercise of warrants, shares 97,888        
Public offering $ 773 4,210,213 4,210,986
Public offering, shares 773,109        
Dividends paid (2,086,850) (2,086,850)
Dividends declared and payable (813,503) (813,503)
Net income 2,836,960 2,836,960
Balance at Dec. 31, 2016 $ 8,312 23,134,013 $ (369,335) (459,100) 22,313,890
Balance, shares at Dec. 31, 2016 8,312,036   177,000    
Non cash compensation 13,065 13,065
Dividends paid (2,475,117) (2,475,117)
Dividends declared and payable (891,983) (891,983)
Purchase of treasury shares $ (172,156) (172,156)
Purchase of treasury shares, shares     33,102    
Exercise of options $ 7 20,433 $ 20,440
Exercise of options, shares 7,000       (7,000)
Net income 3,438,534 $ 3,438,534
Balance at Dec. 31, 2017 $ 8,319 $ 23,167,511 $ (541,491) $ (387,666) $ 22,246,673
Balance, shares at Dec. 31, 2017 8,319,036   210,102