XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
FAIR VALUE OF FINANCIAL INSTRUMENTS |
Schedule of fair value of values of assets designated as Investments in equity securities | The following tables summarize the values of assets designated as Investments in debt and equity securities: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2024
​ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Equity securities | ​ | $ | 20,101,975 | ​ | $ | — | ​ | $ | — | ​ | $ | 20,101,975
Mutual funds | ​ | ​ | 15,855,747 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 15,855,747
Municipal bonds | ​ | ​ | 672,717 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 672,717
​ | ​ | $ | 36,630,439 | ​ | $ | — | ​ | $ | — | ​ | $ | 36,630,439
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023
​ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Equity securities | ​ | $ | 18,282,556 | ​ | $ | — | ​ | $ | — | ​ | $ | 18,282,556
Mutual funds | ​ | ​ | 15,656,757 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 15,656,757
Municipal bonds | ​ |  | 681,900 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 681,900
​ | ​ | $ | 34,621,213 | ​ | $ | — | ​ | $ | — | ​ | $ | 34,621,213
​
Schedule of gross unrealized gains (losses) on investments in equity securities | The investment assets are readily marketable and are carried at fair value as of the date of the Condensed Balance Sheets. The Company intends to hold these assets for possible future operating requirements. The following table summarizes gross unrealized gains and losses from Investments in debt and equity securities: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2024
​ | ​ | ​ | ​ | ​ | Cumulative Unrealized | ​ | Aggregate
​ |  | Cost |  | Gains |  | Losses |  | Fair Value
Equity securities | ​ | $ | 24,111,677 | ​ | ​ | — | ​ | ​ | (4,009,702) | ​ | ​ | 20,101,975
Mutual funds | ​ | ​ | 15,775,033 | ​ | ​ | 80,714 | ​ | ​ | — | ​ | ​ | 15,855,747
Municipal bonds | ​ | ​ | 635,475 | ​ | ​ | 37,242 | ​ | ​ | — | ​ | ​ | 672,717
​ | ​ | $ | 40,522,185 | ​ | $ | 117,956 | ​ | $ | (4,009,702) | ​ | $ | 36,630,439
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023
​ | ​ | ​ | ​ | ​ | Cumulative Unrealized | ​ | Aggregate
​ |  | Cost |  | Gains |  | Losses |  | Fair Value
Equity securities | ​ | $ | 24,074,112 | ​ | $ | — | ​ | $ | (5,791,556) | ​ | $ | 18,282,556
Mutual funds | ​ | ​ | 15,576,527 | ​ | ​ | 80,230 | ​ | ​ | — | ​ | ​ | 15,656,757
Municipal bonds | ​ |  | 635,425 | ​ | ​ | 46,475 | ​ | ​ | — | ​ | ​ | 681,900
​ | ​ | $ | 40,286,064 | ​ | $ | 126,705 | ​ | $ | (5,791,556) | ​ | $ | 34,621,213
​

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration