Investment Securities (Tables)
 12 Months Ended
Dec. 31, 2013
Investments Debt And Equity Securities [Abstract]  
Summary of Available for Sale Securities

Available-for-Sale securities consist of the following:

 


     Year Ended December 31, 2013  
     Cost      Gains in
Accumulated
Other
Comprehensive
Income		      Losses in
Accumulated
Other
Comprehensive
Income		      Estimated
Fair Value
(Level 1
Inputs)		  

Preferred Stock

    $ 729,814       $ —         $ —         $ 729,814   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Equity Securities

    $ 729,814       $ —         $ —         $ 729,814   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Available-for-Sale Securities

    $ 729,814       $ —         $ —         $ 729,814   
  

 

 

     

 

 

     

 

 

     

 

 
Summary of Sale of Investment Securities and Losses

Following is a table reflecting the sale of investment securities and losses recognized during the three years ended December 31, 2013, 2012, and 2011:

 

     Year Ended December 31,  
     2013      2012      2011  

Proceeds from the Disposition of Investment Securities

    $ —        $ —        $ 6,929,493   

Cost Basis of Investment Securities Sold

      —          —          (7,069,929 ) 
  

 

 

     

 

 

     

 

 

  

Loss recognized in Statement of Operations on the Disposition of Investment Securities

    $ —        $ —        $ (140,436 )