| 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, 2016 and 2015. | | | First | | Second | | Third | | Fourth | | | | | Quarter | | Quarter | | Quarter | | Quarter | | | | | 2016 | | 2016 | | 2016 | | 2016 | | | Total Income (Loss) | | $ | 1,522,157 | | $ | 19,948,048 | | $ | (2,704,986) | | $ | 11,414,019 | | | Total Expenses | | | 168,348 | | | 208,254 | | | 206,706 | | | 222,565 | | | Net Income (Loss) | | $ | 1,353,809 | | $ | 19,739,794 | | $ | (2,911,692) | | $ | 11,191,454 | | | Net Income (Loss) per Share | | $ | (0.65) | | $ | 2.99 | | $ | (0.59) | | $ | 1.64 | | | | | First | | Second | | Third | | Fourth | | | | | Quarter | | Quarter | | Quarter | | Quarter | | | | | 2015 | | 2015 | | 2015 | | 2015 | | | Total Income (Loss) | | $ | (5,092,160) | | $ | 8,888,385 | | $ | (19,144,755) | | $ | (12,030,910) | | | Total Expenses | | | 125,096 | | | 174,595 | | | 141,411 | | | 134,404 | | | Net Income (Loss) | | $ | (5,217,256) | | $ | 8,713,790 | | $ | (19,286,166) | | $ | (12,165,314) | | | Net Income (Loss) per Share | | $ | (2.63) | | $ | 2.88 | | $ | (6.39) | | $ | (3.45) | |
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