FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2024

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:

	December 31, 2024
	Level 1		Level 2		Level 3		Total
Equity securities	$	29,259,826	$	—	$	—	$	29,259,826
Mutual funds		10,404,218		—		—		10,404,218
Municipal bonds		664,264		—		—		664,264
	$	40,328,308	$	—	$	—	$	40,328,308

	December 31, 2023
	Level 1		Level 2		Level 3		Total
Equity securities	$	18,282,556	$	—	$	—	$	18,282,556
Mutual funds		15,656,757		—		—		15,656,757
Municipal bonds		681,900		—		—		681,900
	$	34,621,213	$	—	$	—	$	34,621,213

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:

	December 31, 2024
			Cumulative Unrealized				Aggregate
	Cost		Gains		Losses		Fair Value
Equity securities	$	24,230,746		5,029,080		—		29,259,826
Mutual funds		10,319,644		84,574		—		10,404,218
Municipal bonds		636,449		27,815		—		664,264
	$	35,186,839	$	5,141,469	$	—	$	40,328,308

	December 31, 2023
			Cumulative Unrealized				Aggregate
	Cost		Gains		Losses		Fair Value
Equity securities	$	24,074,112	$	—	$	(5,791,556)	$	18,282,556
Mutual funds		15,576,527		80,230		—		15,656,757
Municipal bonds		635,425		46,475		—		681,900
	$	40,286,064	$	126,705	$	(5,791,556)	$	34,621,213