| Summary of Quarterly Financial Information |
The following summarized (unaudited) quarterly financial information presents the results of operations and other data for three-month periods ended March 31, June 30, September 30 and December 31, 2013 and 2012. | | | First
Quarter
2013 | | Second
Quarter
2013 | | Third
Quarter
2013 | | Fourth
Quarter
2013 | | | Total Income (Loss) | | $ | 3,488,007 | | $ | (2,281,454) | | $ | 5,892,884 | | $ | (678,456) | | | Total Expenses | | | 247,095 | | | 220,417 | | | 205,028 | | | 170,197 | | | Net Income (Loss) | | $ | 3,240,912 | | $ | (2,501,871) | | $ | 5,687,856 | | $ | (848,653) | | | Net Income (Loss) per Share | | $ | 1.22 | | $ | (0.96) | | $ | 3.12 | | $ | (0.36) | | | | | First
Quarter
2012 | | Second
Quarter
2012 | | Third
Quarter
2012 | | Fourth
Quarter
2012 | | | Total Income (Loss) | | $ | 9,471,904 | | $ | (25,764,862) | | $ | 8,792,836 | | $ | (1,848,278) | | | Total Expenses | | | 315,716 | | | 265,297 | | | 248,705 | | | 220,660 | | | Net Income (Loss) | | $ | 9,156,188 | | $ | (26,030,159) | | $ | 8,544,131 | | $ | (2,068,938) | | | Net Income (Loss) per Share | | $ | 2.35 | | $ | (7.91) | | $ | 2.50 | | $ | (0.59) | | |