Held to Maturity Debt Securities

9 Months Ended

Sep. 30, 2011

Investments, Debt and Equity Securities [Abstract]

Held-to-maturity Securities [Table Text Block]

4. Held to Maturity Debt Securities

At September 30, 2011 and December 31, 2010, the Company held investments in marketable securities that were classified as held to maturity and consisted of corporate bonds as follows:

	September 30, 2011		December 31, 2010
Amortized cost	$	2,366,166	$	-
Unrecognized holding gains		-		-
Unrecognized holding losses		(13,786)		-
Fair value	$	2,352,380	$	-

Contractual maturities of held to maturity securities at September 30, 2011 are all short-term due to maturity dates of less than one year. The Company determined that these securities are all level 2 inputs in the fair value hierarchy.