Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2015

Summary of Carrying Value and Estimated Fair Value of Financial Instruments

The following table presents the carrying value and estimated fair value of the Company’s financial instruments at September 30, 2015 and December 31, 2014:

	September 30, 2015				December 31, 2014
	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
Cash and Cash Equivalents	$	4,219,044	$	4,219,044	$	1,881,195	$	1,881,195
Restricted Cash		10,625,517		10,625,517		4,440,098		4,440,098
Investment Securities		7,867,077		7,867,077		821,436		821,436
Commercial Loan Investments		38,315,150		38,460,467		30,208,074		30,266,498
Long-Term Debt		149,390,506		149,390,506		103,940,011		103,940,011