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STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
Preferred Stock
Series I, Class B
Preferred Stock
Series II, Class B
Preferred Stock
Series III, Class B
Preferred Stock
Series IV, Class B
Preferred Stock
Series V, Class B
Common Stock
Additional Paid-In Capital
Retained Earnings
Treasury Stock
Total
Balance at Dec. 31, 2019 $ 96,000 $ 171,200 $ 129,245 $ 342,500 $ 34,000   $ 61,660,744 $ (33,891,234)   $ 28,542,455
Balance (in shares) at Dec. 31, 2019 96,000 171,200 129,245 342,500 34,000 32,674,954        
Increase (Decrease) in Stockholders' Equity                    
Exchange of Preferred Stock for Common Stock     $ (22,500) $ (342,500) $ (34,000)   (3,090,672)     (3,489,672)
Exchange of Preferred Stock for Common Stock (in shares)     (22,500) (342,500) (34,000) 754,000        
Conversion of Preferred Stock into Common Stock $ (81,700) $ (15,000)         96,700      
Conversion of Preferred Stock into Common Stock (in shares) (81,700) (15,000)       96,700        
Stock Option Exercises             922,512     922,512
Stock Option Exercises (in shares)           431,550        
Redemption $ (14,300)           (92,950)     (107,250)
Redemption (in shares) (14,300)                  
Dividends             (210,933)     (210,933)
Net income               24,223,013   24,223,013
Balance at Dec. 31, 2020 $ 0 $ 156,200 $ 106,745 $ 0 $ 0   59,285,401 (9,668,221)   49,880,125
Balance (in shares) at Dec. 31, 2020 0 156,200 106,745 0 0 33,957,204        
Increase (Decrease) in Stockholders' Equity                    
Conversion of Preferred Stock into Common Stock     $ (30,500)       30,500      
Conversion of Preferred Stock into Common Stock (in shares)   0 (30,500)     30,500        
Stock Option Exercises             48,600     48,600
Stock Option Exercises (in shares)           25,400        
Redemption                   (6,000)
Dividends               (5,213,591)   (5,213,591)
Stock Option Compensation             3,660,387     3,660,387
Repurchase of Common Stock - at cost           $ (528,169)     $ (5,270,501) (5,270,501)
Net income               56,064,241   56,064,241
Balance at Dec. 31, 2021   $ 156,200 $ 76,245       63,024,888 41,182,429 (5,270,501) 99,169,261
Balance (in shares) at Dec. 31, 2021   156,200 76,245     33,484,935        
Increase (Decrease) in Stockholders' Equity                    
Conversion of Preferred Stock into Common Stock (in shares)   0 0              
Stock Option Exercises             13,800     13,800
Stock Option Exercises (in shares)           11,200        
Redemption                   (6,000)
Dividends               (232,445)   (232,445)
Stock Option Compensation             10,125,813     10,125,813
Repurchase of Common Stock - at cost           $ (3,558,976)     (7,618,177) (7,618,177)
Net income               5,078,557   5,078,557
Balance at Dec. 31, 2022   $ 156,200 $ 76,245       $ 73,164,501 $ 46,028,541 $ (12,888,678) $ 106,536,809
Balance (in shares) at Dec. 31, 2022   156,200 76,245     29,937,159