FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2023

FAIR VALUE OF FINANCIAL INSTRUMENTS

Schedule of fair value of values of assets designated as Investments in equity securities

The following tables summarize the values of assets designated as Investments in equity securities:

	March 31, 2023
	Level 1		Level 2		Level 3		Total
Equity securities	$	29,194,746	$	—	$	—	$	29,194,746
Mutual funds		11,160,918		—		—		11,160,918
Municipal bonds		674,532		—		—		674,532
	$	41,030,196	$	—	$	—	$	41,030,196

	December 31, 2022
	Level 1		Level 2		Level 3		Total
Equity securities	$	27,692,459	$	—	$	—	$	27,692,459
Mutual funds		1,302,973		—		—		1,302,973
Municipal bonds		661,882		—		—		661,882
	$	29,657,314	$	—	$	—	$	29,657,314

Schedule of gross unrealized gains (losses) on investments in equity securities

The following table summarizes gross unrealized gains from Investments in debt and equity securities:

	March 31, 2023
			Cumulative Unrealized				Aggregate
	Cost		Gains		Losses		Fair Value
Equity securities	$	22,954,756	$	6,239,990	$	—	$	29,194,746
Mutual funds		11,092,421		68,497		—		11,160,918
Municipal bonds		634,692		39,840		—		674,532
	$	34,681,869	$	6,348,327	$	—	$	41,030,196

	December 31, 2022
			Cumulative Unrealized				Aggregate
	Cost		Gains		Losses		Fair Value
Equity securities	$	22,913,739	$	4,778,720	$	—	$	27,692,459
Mutual funds		1,252,804		50,169		—		1,302,973
Municipal bonds		634,455		27,427		—		661,882
	$	24,800,998	$	4,856,316	$	—	$	29,657,314