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Investment Securities:
 12 Months Ended
Dec. 31, 2011
Investment Securities [Abstract]  
Investment Securities [Text Block]
Investment Securities

The Company’s investment securities consist of certificates of deposit, corporate bonds, federal-tax-exempt state and municipal government debt and sovereign bonds.  All investment securities are considered available-for-sale and are “investment grade”, carried at fair value and there have been no gains or losses on their disposal.  Unrealized gains and losses on available-for-sale securities, net of tax, are included in accumulated other comprehensive income in the shareholders' equity section of the Company's balance sheets. The Company had no gross unrealized gains or losses on available-for-sale securities at December 31, 2011 or 2010.  Balances consist of the following at December 31:
 
 
 
2011
 
2010
Federal tax-exempt debt securities
 
$
39,745

 
$
11,687

Corporate bonds
 
13,263

 
—

Sovereign bonds
 
1,928

 
—

Certificates of deposit
 
5,459

 
2,820

 
 
$
60,395

 
$
14,507



The scheduled maturities of the debt securities are between 2012 and 2042 and are all callable within one year.
 
Investment income consisted of the following for each year:
 
 
 
2011
 
2010
 
2009
Corporate dividends
 
$
15

 
$
—

 
$
169

Tax-exempt interest
 
103

 
58

 
721

Other interest
 
358

 
77

 
199

 
 
$
476

 
$
135

 
$
1,089