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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
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, 2014 and 2013.
 
 
 
First
Quarter
2014
 
Second
Quarter
2014
 
Third
Quarter
2014
 
Fourth
Quarter
2014
 
Total income (loss)
 
$
1,636,925
 
$
4,045,515
 
$
(6,424,544)
 
$
(17,575,229)
 
Total expenses
 
 
145,584
 
 
132,839
 
 
115,775
 
 
94,542
 
Net income (loss)
 
$
1,491,341
 
$
3,912,676
 
$
(6,540,319)
 
$
(17,669,771)
 
Net income (loss) per share
 
$
1.27
 
$
3.07
 
$
(5.37)
 
$
(15.21)
 
  
 
 
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)