CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ (7,185,639)	$ 4,968,264
Depreciation & amortization	290,791	296,554
Deferred income taxes	(3,190,269)	(1,017,042)
Provision for bad debts	5,000	32,981
Gain on sale of fixed assets		(52,533)
Loss on disposal of fixed assets		19,835
Stock dividend income received on investments	(7,028)
Stock based compensation associated with employee stock option plans	9,731
Gains on sale of investments, net	(33,189)	(13,509,318)
Marked to market adjustments on options and shorts	8,501,859	1,526,064
(Increase ) decrease in accounts receivable	(45,864)	28,814
(Increase) in prepaid expenses & other current assets	(78,779)	(26,129)
(Increase) in Income Tax Refund Receivable	(2,013,031)
Decrease in inventory	62,100	90,773
Increase (decrease) in accounts payable and accrued liabilities	88,626	(97,089)
(Decrease) increase in income taxes payable	(2,899,707)	2,043,725
(Decrease) increase in deferred income	(13,249)	5,018
Net cash used in operating activities	(6,508,648)	(5,690,083)
Purchase of property and equipment	(123,150)	(324,710)
Proceeds from sale of fixed assets		65,000
Increase in receivable from broker	(812,134)	(11,699,512)
Increase in securities borrowed	730,784	11,634,757
Purchases of put and call options	(8,961,293)	(419,080)
Sale of put and call options	14,318,728	18,623,868
Purchase of investments	(25,722,529)	(28,856,997)
Sales of investments	9,181,156	20,378,599
Net cash (used in) provided by investing activities	(11,388,438)	9,401,925
Proceeds from margin loan payable	44,633,031	41,462,399
Repayment of margin loan payable	(25,404,421)	(40,877,703)
Dividends paid	(1,054,450)	(4,229,520)
Repayment of mortgage	(44,853)	(43,431)
Purchase of treasury stock	(230,337)	(242,934)
Net cash provided by(used in) financing activities	17,898,970	(3,931,189)
Net increase (decrease) in cash and cash equivalents	1,884	(219,347)
Cash and cash equivalents at beginning of year	57,741	277,088
Cash and cash equivalents at end of year	59,625	57,741
Interest	175,348	63,916
Income taxes	$ 3,002,828	$ 2,424,813