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QUARTERLY FINANCIAL DATA (Unaudited)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
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, 2018 and 2017.
 
 
 
First

Quarter

2018
 
 
Second

Quarter

2018
 
 
Third

Quarter

2018
 
 
Fourth

Quarter

2018
 
Total Income (Loss)
 
$
4,772,682
 
 
$
14,513,797
 
 
$
4,932,679
 
 
$
(38,543,348
)
Total Expenses
 
 
269,461
 
 
 
237,273
 
 
 
227,009
 
 
 
214,103
 
Expense Waivers
 
 
(59,168
)
 
 
(18,291
)
 
 
(599
)
 
 
(3,584
)
Net Expenses
 
 
210,293
 
 
 
218,982
 
 
 
226,410
 
 
 
210,519
 
Net Income (Loss)
 
$
4,562,389
 
 
$
14,294,815
 
 
$
4,706,269
 
 
$
(38,753,867
)
Net Income (Loss) per Share
 
$
0.95
 
 
$
3.08
 
 
$
1.07
 
 
$
(8.10
)
 
 
 
First

Quarter

2017
 
 
Second

Quarter

2017
 
 
Third

Quarter

2017
 
 
Fourth

Quarter

2017
 
Total Income (Loss)
 
$
(8,301,247
)
 
$
(8,631,948
)
 
$
15,602,885
 
 
$
17,689,246
 
Total Expenses
 
 
358,711
 
 
 
287,274
 
 
 
292,404
 
 
 
300,890
 
Expense Waivers
 
 
(120,259
)
 
 
(63,219
)
 
 
(66,850
)
 
 
(81,105
)
Net Expenses
 
 
238,452
 
 
 
224,055
 
 
 
225,554
 
 
 
219,785
 
Net Income (Loss)
 
$
(8,539,699
)
 
$
(8,856,003
)
 
$
15,377,331
 
 
$
17,469,461
 
Net Income (Loss) per Share
 
$
(1.20
)
 
$
(1.53
)
 
$
2.22
 
 
$
2.99