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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Interest and Other Income $ 711,621 $ 712,657 $ 1,943,845 $ 2,058,680
Interest Expense 440,013 476,734 1,342,338 1,397,537
Net Interest Income 271,608 235,923 601,507 661,143
Provision for losses on mortgage loans receivable 450 24,364 48,157 73,105
Net Interest Income after Provision for Mortgage Losses 271,158 211,559 553,350 588,038
Operating Expenses        
Other than temporary impairment on bond portfolio 77,802 50,000 112,802 150,000
Other operating expenses 103,060 132,672 412,394 443,431
Operating expenses 180,862 182,672 525,196 593,431
Net Income (Loss) $ 90,296 $ 28,887 $ 28,154 $ (5,393)
Basic and Diluted (Loss) Income Per Share $ 0.05 $ 0.02 $ 0.02 $ 0.00
Dividends Declared Per Share $ (33,532) $ (167,779) $ (0.07) $ (.22)
Weighted Average Common Shares Outstanding - Basic and Diluted 1,676,598 1,677,798 1,676,997 1,677,798