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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Summary of Quarterly Financial Information
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)