Three Months Ended September 30,

Nine Months Ended September 30,

2017

2016

2017

2016

Net gains and losses recognized during

the period on equity securities

$

58,249

$

-

$

(188,837)

$

(21,394)

Less: Net gains (losses) recognized during the period on equity securities sold during the period

83,641

-

(163,445)

(8,831)

Unrealized gains and losses recognized during the reporting period on equity securities still held at the reporting date

$

(25,392)

$

-

$

(25,392)

$

(12,563)