XML 55 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statement of Stockholders' Equity - 9 months ended Sep. 30, 2015 - USD ($)
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Cumulative Distributions to Stockholders [Member]
Accumulated Earnings (Deficit) [Member]
Balance at Dec. 31, 2014 $ 212,798,130 $ 37,156,972 $ 146,953 $ 189,332,874 $ 7,208,350 $ (32,406,541) $ 11,359,522
Balance (in shares) at Dec. 31, 2014   1,610,000 14,718,750        
Issuance of common stock, net 0 $ 0 $ 0 0 0 0 0
Issuance of common stock, net (in shares)     6,000        
Cost of issuing common stock (344,889) 0 $ 0 (344,889) 0 0 0
Issuance of preferred stock, net 0 0 0 0 0 0 0
Redemption of preferred stock, net 0 0 0 0 0 0 0
Restricted stock compensation expense 50,535 0 0 50,535 0 0 0
Net income (2,402,042) 0 0 0 0 0 (2,402,042)
Other comprehensive income (loss) (5,471,094) 0 0 0 (5,471,094) 0 0
Reclassification cumulative adjustments for Linked Transactions 0       4,457,544   (4,457,544)
Reclassification adjustment for other-than-temporary impairments included in net income 1,761,208       1,761,208    
Common dividends declared (15,457,238) 0 0 0 0 (15,457,238) 0
Preferred dividends declared (2,631,744) 0 0 0 0 (2,631,744) 0
Balance at Sep. 30, 2015 $ 188,302,866 $ 37,156,972 $ 146,953 $ 189,038,520 $ 7,956,008 $ (50,495,523) $ 4,499,936
Balance (in shares) at Sep. 30, 2015   1,610,000 14,724,750