3. Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2014

Notes to Financial Statements

Classification of financial instruments valued at fair value

The classification of financial instruments valued at fair value as of June 30, 2014, as follows:

Financial Instruments	Level 1
Cash equivalents	$	14,645,000
Securities		394,000
	$	15,039,000