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Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2014
Investments Debt And Equity Securities [Abstract]  
Available for Sale Securities Held in Investment Portfolio

The following table summarizes the fair value of our cash, cash equivalents and available-for-sale marketable securities held in our current investment portfolio:

 

    Amortized
Cost
    Gross
Unrealized
Gains
    Gross
Unrealized
(Losses)
    Fair Value  

March 31, 2014

       

Cash

  $ 431,297      $ —        $ —        $ 431,297   

Cash equivalents

    26,032,328        —          —          26,032,328   
 

 

 

   

 

 

   

 

 

   

 

 

 
Total cash, cash equivalents, and marketable securities   $  26,463,625      $ —        $ —        $ 26,463,625   
    Amortized
Cost
    Gross
Unrealized
Gains
    Gross
Unrealized
(Losses)
    Fair Value  

December 31, 2013

       

Cash

  $ 1,355,281      $ —        $ —        $ 1,355,281   

Cash equivalents

    29,230,143        —          —          29,230,143   
 

 

 

   

 

 

   

 

 

   

 

 

 

Total cash, cash equivalents, and marketable securities

  $ 30,585,424      $ —        $ —        $ 30,585,424