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AVAILABLE-FOR-SALE SECURITIES - Changes of Unamortized Net Discount and Designated Credit Reserves (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Designated credit reserve      
Beginning Balance as of January 1, 2017 $ (1,929,833) $ (8,891,565)  
Acquisitions 0 0  
Dispositions 1,929,833 4,893,913  
Accretion of net discount 0 0  
Realized gain on paydowns 0 0  
Realized credit losses 0 3,023,911  
Addition to credit reserves 0 (1,021,433)  
Release of credit reserves 0 65,341  
December 31, 2017 0 (1,929,833)  
Unamortized net discount      
Beginning Balance as of January 1, 2017 (27,841,262) (57,280,275)  
Acquisitions 0 0  
Dispositions 22,685,756 21,637,637  
Accretion of net discount 2,950,944 6,703,365  
Realized gain on paydowns 0 325,709  
Realized credit losses 0 (183,790)  
Addition to credit reserves 0 1,021,433  
Release of credit reserves 0 (65,341)  
December 31, 2017 (2,204,562) (27,841,262)  
Total      
Beginning Balance as of January 1, 2017   (29,771,095) $ (66,171,840)
Acquisitions 0 0  
Dispositions 24,615,589 26,531,550  
Accretion of net discount 2,950,944 6,703,365  
Realized gain on paydowns 0 325,709  
Realized credit losses 0 2,840,121  
Addition to credit reserves 0 0  
Release of credit reserves 0 0  
December 31, 2017 $ (2,204,562) $ (29,771,095)