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 |