Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities (Tables)

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Marketable Securities (Tables)
 6 Months Ended
Jun. 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   $ 990     $ -     $ -     $ -     $ 990  
US agency securities     297,699       360       1,335       -       299,394  
Certificates of deposits     2,940,000       11,612       10,006       -       2,961,618  
Corporate securities     1,528,308       4,934       -       (3,168 )     1,530,074  
Municipal securities     1,627,849       1,343       -       (5,142 )     1,624,050  
Total Level 2:     6,394,846       18,250       11,341       (8,310 )     6,416,126  
                                         
Total:   $ 6,394,846     $ 18,250     $ 11,341     $ (8,310 )   $ 6,416,126  

Schedule of Available Sale Securities Maturity

As of June 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  
                             
$ 1,474,966     $ 4,841,136     $ -     $ 100,024