Income Tax Expense (Benefit) (Tables)

3 Months Ended

Mar. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income tax expense (benefit) for the first quarter of 2014 was calculated as follows:

	Federal		State		Total
Current tax (benefit)	$	(450,000)	$	(75,000)	$	(525,000)
Deferred tax expense		377,400		99,100		476,500
	$	(72,600)	$	24,100	$	(48,500)

Income tax expense (benefit) for the first quarter of 2013 was calculated as follows:

	Federal		State		Total
Current tax expense	$	4,769	$	1,000	$	5,769
Deferred tax expense		43,700		12,400		56,100
	$	48,469	$	13,400	$	61,869