INVESTMENTS.

12 Months Ended

Dec. 31, 2016

INVESTMENTS.

INVESTMENTS.

3.            INVESTMENTS.

Investment securities consist of the following:

	2016			2015
Bond funds - cost	$	3,081,654		$	3,054,510
Unrealized losses	(78,652		)	(155,747		)
Bond funds - fair value	$	3,003,002		$	2,898,763

Sales of securities were $43,000, $1,029,000, and $3,175,591 during 2016, 2015, and 2014, and resulted in gains of $0, $2,175, and $10,053, respectively. Investment income (included in other income) consisted of dividend income and aggregated $103,231, $125,876, and $68,612 for the years ended 2016, 2015, and 2014, respectively.