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CONDENSED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
Redeemable Preferred Stock
Common Stock
Retained Earnings
Total
Beginning balance, shares at Dec. 31, 2019 4,662,768 4,964,529    
Beginning balance, amount at Dec. 31, 2019 $ 18,319,102 $ 8,512,489 $ 22,213,515 $ 49,045,106
Preferred stock dividends accrued $ 256,452   (256,452) 0
Net income     787,082 787,082
Ending balance, shares at Mar. 31, 2020 4,662,768 4,964,529    
Ending balance, amount at Mar. 31, 2020 $ 18,575,554 $ 8,512,489 22,744,145 49,832,188
Beginning balance, shares at Dec. 31, 2020 6,309,508 4,964,529    
Beginning balance, amount at Dec. 31, 2020 $ 25,817,305 $ 8,512,489 24,492,133 58,821,927
Issuance of preferred stock, net, shares 229,333      
Issuance of preferred stock, net, amount $ 1,089,191     1,089,191
Preferred stock dividends accrued $ 359,636   (359,636) 0
Net income     122,685 122,685
Ending balance, shares at Mar. 31, 2021 6,538,841 4,964,529    
Ending balance, amount at Mar. 31, 2021 $ 27,266,132 $ 8,512,489 $ 24,255,182 $ 60,033,803