Quarterly report pursuant to Section 13 or 15(d)

STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY

v3.20.2
STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
Common Shares
ATM
Common Shares
Additional Paid-in Capital
ATM
Additional Paid-in Capital
Accumulated Other Comprehensive Income/(Loss)
(Accumulated Deficit) Retained Earnings
ATM
Total
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            
Sales of stock $ 4,333 $ 2,300 $ 19,832,267 10,668,202     $ 19,836,600 10,670,502
Sales of stock (in shares)   2,300,000            
Exercise of warrants   $ 16   82,019       82,035
Exercise of warrants (in shares)   16,407            
Stock based compensation       12,327       12,327
Dividends paid           (4,403,181)   (4,403,181)
Net income           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            
Sales of stock $ 866 $ 2,300 $ 4,375,320 10,668,202     $ 4,376,186 10,670,502
Sales of stock (in shares) 866,332 2,300,000            
Exercise of warrants   $ 16   82,019       82,035
Exercise of warrants (in shares)   16,407            
Stock based compensation       4,103       4,103
Dividends paid           (2,348,452)   (2,348,452)
Net income           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            
Beginning balance at Dec. 31, 2019   $ 22,117   83,856,308 $ (50,878) (1,280,011)   82,547,536
Beginning balance (in shares) at Dec. 31, 2019   22,117,301            
Offering costs-ATM       (58,353)       (58,353)
Stock based compensation       12,321       12,321
Unrealized gain on marketable securities         13,282     13,282
Dividends paid           (5,308,152)   (5,308,152)
Net income           6,657,159   6,657,159
Balance at Sep. 30, 2020   $ 22,117   83,810,276 (37,596) 68,996   83,863,793
Balance (in shares) at Sep. 30, 2020   22,117,301            
Beginning balance at Jun. 30, 2020   $ 22,117   83,806,169 35,189 584,288   84,447,763
Beginning balance (in shares) at Jun. 30, 2020   22,117,301            
Stock based compensation       4,107       4,107
Unrealized gain on marketable securities         (72,785)     (72,785)
Dividends paid           (2,654,076)   (2,654,076)
Net income           2,138,784   2,138,784
Balance at Sep. 30, 2020   $ 22,117   $ 83,810,276 $ (37,596) $ 68,996   $ 83,863,793
Balance (in shares) at Sep. 30, 2020   22,117,301