Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities (Tables)

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Marketable Securities (Tables)
 3 Months Ended
Mar. 31, 2016
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.

 

    2016  
          Accrued     Unrealized     Unrealized     Fair  
    Cost     Income     Gains     Losses     Value  
Level 2:                                        
Money market funds   $ 1,837     $ 17     $ -     $ -     $ 1,854  
US agency securities     40,307       66       -       -       40,373  
Certificates of deposits     1,070,000       1,193       2,712       -       1,073,905  
Corporate securities     1,028,308       2,294       -       (707 )     1,029,895  
Municipal securities     294,651       1,491       298       -       296,440  
Total Level 2:     2,435,103       5,061       3,010       (707 )     2,442,467  
                                         
Total:   $ 2,435,103     $ 5,061     $ 3,010     $ (707 )   $ 2,442,467  

Schedule of Available Sale Securities Maturity

As of March 31, 2016, investments in money market funds, U.S. agency securities, certificates of deposit, 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  
                             
$ 1,030,868     $ 1,411,599     $ -     $ -