Annual report pursuant to Section 13 and 15(d)

Fair Value Measurement - Marketable Securities (Tables)

v3.8.0.1
Fair Value Measurement - Marketable Securities (Tables)
 12 Months Ended
Dec. 31, 2017
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.

 

    As of December 31, 2017  
          Accrued     Unrealized     Unrealized     Fair  
    Cost     Income     Gains     Losses     Value  
Level 2:                                        
Money market funds   $ 5,165     $ 161     $ -     $ -     $ 5,326  
Municipal securities     5,005,000       1,281       -       -       5,006,281  
Total Level 2:     5,010,165       1,442       -       -       5,011,607  
                                         
Total:   $ 5,010,165     $ 1,442     $ -     $ -     $ 5,011,607  

  

    As of December 31, 2016  
    Cost     Accrued
Income 		    Unrealized
Gains 		    Unrealized
Losses 		    Fair
Value 		 
Level 2:                                        
Money market funds   $ 29,657     $ 15     $ -     $ -     $ 29,672  
Municipal securities     20,314       15       -       -       20,329  
Total Level 2:     49,971       30       -       -       50,001  
                                         
Total:   $ 49,971     $ 30     $ -     $ -     $ 50,001