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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Sep. 30, 2023
FAIR VALUE OF FINANCIAL INSTRUMENTS  
Schedule of fair value of values of assets designated as Investments in equity securities

September 30, 2023

    

Level 1

    

Level 2

    

Level 3

    

Total

Equity securities

$

17,635,793

$

17,635,793

Mutual funds

15,389,017

15,389,017

Municipal bonds

 

624,331

 

 

 

624,331

$

33,649,141

$

$

$

33,649,141

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

Schedule of gross unrealized gains (losses) on investments in equity securities

September 30, 2023

Cumulative Unrealized

Aggregate

    

Cost

    

Gains

    

Losses

    

Fair Value

Equity securities

24,074,113

(6,438,320)

17,635,793

Mutual funds

15,381,743

7,274

15,389,017

Municipal bonds

 

635,177

 

 

(10,846)

 

624,331

$

40,091,033

$

7,274

$

(6,449,166)

$

33,649,141

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