A. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2013

Financial instruments

The classification of financial instruments valued at fair value as of December 31, is as follows:

	2013		2012
Financial Instrument	Level 1		Level 1
Cash equivalents	$	16,371,000	$	19,774,000
Securities		406,000		255,000
	$	16,777,000	$	20,029,000

SBS

Financial instruments

The classification of financial instruments valued at fair value as of December 31, 2013 and 2012 is as follows:

	December 31, 2013
	Level 1		Level 2	Total
Cash equivalents	$	19,787,407		$	19,787,407

	December 31, 2012
	Level 1		Level 2		Total
Cash equivalents	$	12,327,108			$	12,327,108
Municipal Bonds			$	11,264,998	$	11,264,998
	$	12,327,108	$	11,264,998	$	23,592,106