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STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Redeemable Preferred Stock
Common Stock [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2019 $ 18,319,102 $ 8,512,489 $ 22,213,515 $ 49,045,106
Beginning Balance, Shares at Dec. 31, 2019 4,662,768 4,964,529    
Issuance of preferred stock, net $ 7,428,482 7,428,482
Issuance of preferred stock, net, Shares 1,646,740      
Stock based compensation $ 69,721 69,721
Preferred stock dividends declared (1,116,378) (1,116,378)
Net income 3,394,996 3,394,996
Ending balance, value at Dec. 31, 2020 $ 25,817,305 $ 8,512,489 24,492,133 58,821,927
Ending Balance, Shares at Dec. 31, 2020 6,309,508 4,964,529    
Issuance of preferred stock, net $ 5,099,828 5,099,828
Issuance of preferred stock, net, Shares 1,214,031      
Stock based compensation $ 39,059 39,059
Preferred stock dividends declared (1,444,283) (1,444,283)
Net income 2,445,463 2,445,463
Ending balance, value at Dec. 31, 2021 $ 30,956,192 $ 8,512,489 $ 25,493,313 $ 64,961,994
Ending Balance, Shares at Dec. 31, 2021 7,523,539 4,964,529