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BASIS OF PRESENTATION (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2021
Sep. 30, 2020
Accounting Policies [Abstract]                
Net income $ 456,191 $ 1,077,551 $ 122,685 $ 896,799 $ 620,421 $ 787,082 $ 1,656,427 $ 2,304,302
Accrued preferred stock dividends (361,071)     (256,452)     (1,083,213) (769,356)
Net income applicable to common shares $ 95,120     $ 640,347     $ 573,214 $ 1,534,946
Weighted-average common shares outstanding 4,964,529     4,964,529     4,964,529 4,964,529
Earnings per common share after preferred dividends - basic and diluted $ 0.02     $ 0.13     $ 0.12 $ 0.31