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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Data (Unaudited)
NOTE 7 - QUARTERLY FINANCIAL DATA (Unaudited)
 
The following summarized (unaudited) quarterly financial information presents the results of operations and other data for three-month periods ended March 31, June 30, September 30 and December 31, 2013 and 2012.
 
 
 
First
Quarter
2013
 
Second
Quarter
2013
 
Third
Quarter
2013
 
Fourth
Quarter
2013
 
Total Income (Loss)
 
$
3,488,007
 
$
(2,281,454)
 
$
5,892,884
 
$
(678,456)
 
Total Expenses
 
 
247,095
 
 
220,417
 
 
205,028
 
 
170,197
 
Net Income (Loss)
 
$
3,240,912
 
$
(2,501,871)
 
$
5,687,856
 
$
(848,653)
 
Net Income (Loss) per Share
 
$
1.22
 
$
(0.96)
 
$
3.12
 
$
(0.36)
 
 
 
 
First
Quarter
2012
 
Second
Quarter
2012
 
Third
Quarter
2012
 
Fourth
Quarter
2012
 
Total Income (Loss)
 
$
9,471,904
 
$
(25,764,862)
 
$
8,792,836
 
$
(1,848,278)
 
Total Expenses
 
 
315,716
 
 
265,297
 
 
248,705
 
 
220,660
 
Net Income (Loss)
 
$
9,156,188
 
$
(26,030,159)
 
$
8,544,131
 
$
(2,068,938)
 
Net Income (Loss) per Share
 
$
2.35
 
$
(7.91)
 
$
2.50
 
$
(0.59)