Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows (Unaudited)

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Statements of Cash Flows (Unaudited) (USD $)
 3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net income $ 22,166,089us-gaap_NetIncomeLoss $ 7,249,918us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred taxes 6,274us-gaap_IncreaseDecreaseInDeferredIncomeTaxes (125,468)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Depreciation and amortization 4,799us-gaap_DepreciationDepletionAndAmortization 5,655us-gaap_DepreciationDepletionAndAmortization
Gain on disposal of fixed assets (712)us-gaap_GainLossOnSaleOfPropertyPlantEquipment  
Changes in operating assets and liabilities:    
Accrued receivables and other assets (89,403)us-gaap_IncreaseDecreaseInReceivables (951,203)us-gaap_IncreaseDecreaseInReceivables
Prepaid income taxes 815,937us-gaap_IncreaseDecreaseInPrepaidTaxes  
Notes receivable for land sales 18,882us-gaap_IncreaseDecreaseInNotesReceivables 366,721us-gaap_IncreaseDecreaseInNotesReceivables
Accounts payable, accrued expenses and other liabilities (1,838,741)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 34,299us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Income taxes payable 10,780,221us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 3,508,976us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Net cash provided by operating activities 31,863,346us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 10,088,898us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Proceeds from sale of fixed assets 25,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment  
Purchase of fixed assets (38,591)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (787)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (13,591)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (787)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:    
Purchase of Sub-share Certificates in Certificates of Proprietary Interest (6,660,674)us-gaap_StockRepurchasedDuringPeriodValue (2,779,165)us-gaap_StockRepurchasedDuringPeriodValue
Dividends paid (2,402,460)us-gaap_PaymentsOfDividends (2,280,300)us-gaap_PaymentsOfDividends
Net cash used in financing activities (9,063,134)us-gaap_NetCashProvidedByUsedInFinancingActivities (5,059,465)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase in cash and cash equivalents 22,786,621us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 5,028,646us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 26,814,759us-gaap_CashAndCashEquivalentsAtCarryingValue 13,239,211us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period $ 49,601,380us-gaap_CashAndCashEquivalentsAtCarryingValue $ 18,267,857us-gaap_CashAndCashEquivalentsAtCarryingValue