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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net loss $ (3,444,754) $ (4,009,449) $ (10,491,399) $ (3,467,017)
Other comprehensive income:        
Unrealized holding gain on available for sale securities 2,088,509 1,631,558 1,564,892 2,897,130
Tax effect (805,120) (629,030) (603,265) (1,116,960)
Reclassification of gain on sale of available for sale securities recognized in net loss (188,994) 0 (289,625) 0
Tax effect 72,857 0 111,650 0
Net of tax amount 1,167,252 1,002,528 783,653 1,780,170
Cash flow hedging activities:        
Unrealized holding gain (loss) on cash flow hedging activities (5,878) (153,290) 74,171 (297,577)
Tax effect 2,266 59,093 (28,593) 114,716
Net of tax amount (3,612) (94,197) 45,578 (182,861)
Total other comprehensive income 1,163,640 908,330 829,230 1,597,309
COMPREHENSIVE LOSS $ (2,281,114) $ (3,101,118) $ (9,662,169) $ (1,869,708)