Accumulated other comprehensive income (loss) (Tables)

12 Months Ended

Dec. 31, 2016

Accumulated other comprehensive income (loss) {2}

Accumulated other comprehensive income (loss)

The changes in the balances for accumulated other comprehensive income (loss) (“AOCI”) for the years ended December 31 were as follows:

		2016		2015
Marketable securities
Beginning balance	$	(12,563)	$	-
Gains (losses) on available for sale securities		-		(12,563)
Less: Tax (tax benefit)		-		-
Net gains (losses) on available for sale securities		-		(12,563)
(Gains) Losses reclassified from AOCI to net income		12,563		-
Less: Tax (tax benefit)		-		-
Net gains (losses) reclassified from AOCI to net income		12,563		-
Other comprehensive income (loss), net of tax		12,563		(12,563)
Ending balance	$	-	$	(12,563)