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STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
Redeemable Preferred Stock
Common Stock
Retained Earnings
Total
Beginning balance, shares at Dec. 31, 2017 4,427,991 4,964,529    
Beginning balance, amount at Dec. 31, 2017 $ 17,339,508 $ 8,512,489 $ 18,889,012 $ 44,741,009
Preferred stock sold, shares 206,432      
Preferred stock sold, amount $ 435,856     435,856
Preferred stock dividends accrued 254,893   (254,893)  
Net income 330,454 330,454
Ending balance, shares at Mar. 31, 2018 4,634,423 4,964,529    
Ending balance, amount at Mar. 31, 2018 $ 18,030,257 $ 8,512,489 18,964,573 45,507,319
Beginning balance, shares at Dec. 31, 2017 4,427,991 4,964,529    
Beginning balance, amount at Dec. 31, 2017 $ 17,339,508 $ 8,512,489 18,889,012 44,741,009
Net income       1,775,347
Ending balance, shares at Sep. 30, 2018 4,662,518 4,964,529    
Ending balance, amount at Sep. 30, 2018 $ 19,086,940 $ 8,512,489 19,896,589 47,496,018
Beginning balance, shares at Mar. 31, 2018 4,634,423 4,964,529    
Beginning balance, amount at Mar. 31, 2018 $ 18,030,257 $ 8,512,489 18,964,573 45,507,319
Preferred stock sold, shares 28,095      
Preferred stock sold, amount $ 543,807     543,807
Preferred stock dividends accrued 256,438   (256,438)  
Net income 803,255 803,255
Ending balance, shares at Jun. 30, 2018 4,662,518 4,964,529    
Ending balance, amount at Jun. 30, 2018 $ 18,830,502 $ 8,512,489 19,511,390 46,854,381
Preferred stock dividends accrued 256,438   (256,438) 0
Net income 641,637 641,637
Ending balance, shares at Sep. 30, 2018 4,662,518 4,964,529    
Ending balance, amount at Sep. 30, 2018 $ 19,086,940 $ 8,512,489 19,896,589 47,496,018
Beginning balance, shares at Dec. 31, 2018 4,662,768 4,964,529    
Beginning balance, amount at Dec. 31, 2018 $ 18,319,102 $ 8,512,489 20,728,677 47,560,268
Preferred stock dividends accrued 256,452   (256,452)  
Net income 426,476 426,476
Ending balance, shares at Mar. 31, 2019 4,662,768 4,964,529    
Ending balance, amount at Mar. 31, 2019 $ 18,575,554 $ 8,512,489 20,898,701 47,986,744
Beginning balance, shares at Dec. 31, 2018 4,662,768 4,964,529    
Beginning balance, amount at Dec. 31, 2018 $ 18,319,102 $ 8,512,489 20,728,677 47,560,268
Net income       1,638,587
Ending balance, shares at Sep. 30, 2019 4,662,768 4,964,529    
Ending balance, amount at Sep. 30, 2019 $ 19,088,459 $ 8,512,489 21,597,907 49,198,855
Beginning balance, shares at Mar. 31, 2019 4,662,768 4,964,529    
Beginning balance, amount at Mar. 31, 2019 $ 18,575,554 $ 8,512,489 20,898,701 47,986,744
Preferred stock dividends accrued 256,452   (256,452)  
Net income 359,911 359,911
Ending balance, shares at Jun. 30, 2019 4,662,768 4,964,529    
Ending balance, amount at Jun. 30, 2019 $ 18,832,006 $ 8,512,489 21,002,160 48,346,655
Preferred stock dividends accrued 256,452   (256,452) 0
Net income 852,200 852,200
Ending balance, shares at Sep. 30, 2019 4,662,768 4,964,529    
Ending balance, amount at Sep. 30, 2019 $ 19,088,459 $ 8,512,489 $ 21,597,907 $ 49,198,855