Quarterly report pursuant to Section 13 or 15(d)

STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY

v3.19.3
STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
Common Shares [Member]
At the Market Offering [Member]
Common Shares [Member]
Additional Paid-in Capital [Member]
At the Market Offering [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
At the Market Offering [Member]
Retained Earnings [Member]
At the Market Offering [Member]
Total
Beginning balance at Dec. 31, 2017   $ 15,416   $ 53,315,772   $ 1,235,093   $ 54,566,281
Beginning balance (in shares) at Dec. 31, 2017   15,415,737            
Stock based compensation   $ 21   29,229   0   29,250
Dividends paid   0   0   (4,935,365)   (4,935,365)
Net income   0   0   6,134,615   6,134,615
Balance at Sep. 30, 2018   $ 15,437   53,345,001   2,434,343   55,794,781
Balance (in shares) at Sep. 30, 2018   15,415,737            
Beginning balance at Jun. 30, 2018   $ 15,416   53,315,772   2,180,618   55,511,806
Beginning balance (in shares) at Jun. 30, 2018   15,415,737            
Stock based compensation   $ 21   29,229   0   29,250
Dividends paid   0   0   (1,708,939)   (1,708,939)
Net income   0   0   1,962,664   1,962,664
Balance at Sep. 30, 2018   $ 15,437   53,345,001   2,434,343   55,794,781
Balance (in shares) at Sep. 30, 2018   15,415,737            
Beginning balance at Dec. 31, 2018   $ 15,439   53,192,859   (405,483)   52,802,815
Beginning balance (in shares) at Dec. 31, 2018   15,438,621            
Sale of common stock $ 4,333 $ 2,300 $ 19,832,267 10,668,202 $ 0 0 $ 19,836,600 $ 10,670,502
Sale of common stock (in shares) 4,333,297 2,300,000         4,340,456 2,300,000
Exercise of warrants   $ 16   82,019   0   $ 82,035
Exercise of warrants (in shares)   16,407            
Stock based compensation   $ 0   12,327   0   12,327
Dividends paid   0   0   (4,403,181)   (4,403,181)
Net income   0   0   5,254,435   5,254,435
Balance at Sep. 30, 2019   $ 22,088   83,787,674   445,771   84,255,533
Balance (in shares) at Sep. 30, 2019   22,088,325            
Beginning balance at Jun. 30, 2019   $ 18,906   68,658,030   739,137   69,416,073
Beginning balance (in shares) at Jun. 30, 2019   18,905,586            
Sale of common stock $ 866 $ 2,300 $ 4,375,320 10,668,202 $ 0 0 $ 4,376,186 10,670,502
Sale of common stock (in shares) 866,332 2,300,000            
Exercise of warrants   $ 16   82,019   0   82,035
Exercise of warrants (in shares)   16,407            
Stock based compensation   $ 0   4,103   0   4,103
Dividends paid   0   0   (2,348,452)   (2,348,452)
Net income   0   0   2,055,086   2,055,086
Balance at Sep. 30, 2019   $ 22,088   $ 83,787,674   $ 445,771   $ 84,255,533
Balance (in shares) at Sep. 30, 2019   22,088,325