Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities (Tables)

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Marketable Securities (Tables)
 9 Months Ended
Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]  
Schedule of Marketable Securities

This includes basing value on yields currently available on comparable securities of issuers with similar credit ratings.

 

                2015              
          Accrued     Unrealized     Unrealized     Fair  
    Cost     Income     Gains     Losses     Value  
Level 2:                                        
Money market funds   $ 1,002     $ -     $ -     $ -     $ 1,002  
US agency securities     297,699       960       1,809       -       300,468  
Certificates of deposits     2,695,000       4,620       7,492       -       2,707,112  
Corporate securities     1,528,308       2,707       -       (1,225 )     1,529,790  
Municipal securities     688,291       1,798       764       -       690,853  
Total Level 2:     5,210,300       10,085       10,065       (1,225 )     5,229,225  
                                         
Total:   $ 5,210,300     $ 10,085     $ 10,065     $ (1,225 )   $ 5,229,225  

Schedule of Available Sale Securities Maturity

As of September 30, 2015, investments in U.S. agency securities, corporate securities and municipal securities classified as available for sale mature as follows:

 

Within                 After  
1 Year     1 - 5 Years     5 - 10 Years     10 Years  
                             
$ 295,084     $ 4,834,117     $ -     $ 100,024