3. Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value Of Financial Instruments Tables

Classification of financial instruments valued at fair value

Financial instruments of the Company which are recorded at fair value at June 30, 2013 follows:

	Level 1
Cash equivalents	$	20,295,000
Securities		334,000
	$	20,629,000