Income Taxes (Tables)

3 Months Ended

Mar. 31, 2014

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 March 31,
	2014			2013
Tax expense at statutory rate of 34%	$	2,737,798		$	2,616,860
State income tax, net of Federal tax expense		272,491			296,676
Amortization of deferred investment tax credits		(5,265	)		(5,265	)
Adjustment to tax return filed		40,914			—
Other		(12,082	)		655
Total income tax expense		3,033,856			2,908,926
Discontinued operations		10,729			(11,034	)
Income tax expense from continuing operations	$	3,044,585		$	2,897,892