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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2019
FAIR VALUE MEASUREMENTS (Tables)  
Assets and liabilities measured at fair value on a recurring basis

The following tables provide information on those assets measured at fair value on a recurring basis as of June 30, 2019 and December 31, 2018, respectively:

 

 

Carrying

Amount In

Balance Sheet

June 30,

 

Fair Value

June 30,

 

Fair Value Measurement Using

 

2019

 

2019

 

Level 1

 

Level 2

 

Level 3

 

Assets:

 

Treasury Bills

 

$

500,000

 

$

500,000

 

$

500,000

 

$

 

$

 

Money Market Funds

 

220,677

 

220,677

 

220,677

 

 

 

Total Assets

 

$

720,677

 

$

720,677

 

$

720,677

 

$

 

$

 

 

Carrying

Amount In

Balance Sheet

December 31,

 

Fair Value

December 31,

 

Fair Value Measurement Using

 

2018

 

2018

 

Level 1

 

Level 2

 

Level 3

 

Assets:

 

Treasury Bills

 

$

709,158

 

$

709,158

 

$

709,158

 

$

 

$

 

Money Market Funds

 

46,713

 

46,713

 

46,713

 

 

 

Total Assets

 

$

755,871

 

$

755,871

 

$

755,871

 

$

 

$