FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 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 debt and equity securities:

	June 30, 2023
	Level 1		Level 2		Level 3		Total
Equity securities	$	—	$	—	$	—	$	—
Mutual funds		39,104,081		—		—		39,104,081
Municipal bonds		669,013		—		—		669,013
	$	39,773,094	$	—	$	—	$	39,773,094

	December 31, 2022
	Level 1		Level 2		Level 3		Total
Equity securities	$	27,692,459	$	—	$	—	$	27,692,459
Mutual funds		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 and losses from Investments in debt and equity securities:

	June 30, 2023
			Cumulative Unrealized				Aggregate
	Cost		Gains		Losses		Fair Value
Equity securities	$	—	$	—	$	—	$	—
Mutual funds		39,041,485		62,596		—		39,104,081
Municipal bonds		634,932		34,081		—		669,013
	$	39,676,417	$	96,677	$	—	$	39,773,094

	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