Investments

6 Months Ended

Jun. 30, 2014

Investments [Abstract]

Investments

Investments

The Company classifies investments in marketable securities as trading, available-for-sale or held-to-maturity at the time of purchase and periodically re-evaluates such classifications. Trading securities are carried at fair value, with unrealized holding gains and losses included in earnings. Held-to-maturity securities are recorded at cost and are adjusted for the amortization or accretion of premiums or discounts over the life of the related security. Unrealized holding gains and losses on available-for-sale securities are excluded from earnings and are reported as a separate component of accumulated other comprehensive income (loss) until realized. In determining realized gains and losses, the cost of securities sold is based on the specific identification method. Interest and dividends on the investments are accrued at the balance sheet date. At June 30, 2014 and December 31, 2013 all investments were classified as held to maturity and consisted of the following:

			June 30, 2014		December 31, 2013
Certificates of Deposit		Maturity	Value of Held to Maturity Investment		Value of Held to Maturity Investment
Investment		Date	(based on cost)		(based on cost)
$	2,007,997	October 16, 2014	$	2,007,997	$	2,007,997
	2,011,967	October 16, 2014		2,011,967		2,011,967
	503,761	December 29, 2014		503,761		502,821
	302,256	October 6, 2014		302,256		301,692
	253,494	December 29, 2014		253,494		252,453
			$	5,079,475	$	5,076,930