Income Taxes (Tables)

9 Months Ended

Sep. 30, 2015

Income Tax Disclosure [Abstract]

Federal Statutory Rate to Pre-Tax Income from Continuing Operations

Income tax position differs from the amount computed by applying the federal statutory rate to pre-tax income or loss as demonstrated in the table below:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Tax (benefit) expense at statutory rate of 34%	$	602,682	$	(834,880)	$	2,432,626	$	1,140,627
State income tax (benefit), net of Federal tax benefit (expense)		42,864		(82,641)		267,173		112,905
Amortization of deferred investment tax credits		(5,265)		(5,265)		(15,794)		(15,794)
Adjustment to tax return filed		-		(70,734)		-		(29,820)
Other		1,296		17,183		(14,715)		36,187
Total income tax (benefit) expense		641,577		(976,337)		2,669,290		1,244,105
Less: income tax from discontinued operations		1,953,626		32,157		2,327,099		342,964
Income tax (benefit) expense from continuing operations	$	(1,312,049)	$	(1,008,494)	$	342,191	$	901,141