Note 6: Marketable Securities - Restricted

A Margin Account was established on July 26, 2011 for which the Company needs to pledge, restrict from sale and segregate marketable securities at an approximate ratio of approximately two-to-one to serve as collateral for those funds withdrawn and outstanding (see "Note 9 Margin Account Loan").

These restricted marketable securities consist of corporate bonds with remaining maturities of greater than three months at the date of purchase, debt securities and bond funds. As of June 30, 2012, it was determined that none of the Marketable Securities had other-than-temporary impairments. At June 30, 2012, all restricted securities were classified as restricted from sale investments and $1,010,000 was measured as level 1 instruments and $6,333,000 were measured as level 2 instruments of the fair value measurements standard (see "Note 11: Fair Value").

Securities classified as restricted from sale consisted of:

June 30, 2012

(in thousands)

Securities	Amortized Cost	Gross Unrealized Gains	Gross Unrealized Losses	Fair Value	Short-Term Investments	Long Term Investments
Mutual Funds	$1,008	$ 2	$ 0	$ 1,010	$1,010	$ 0
Corporate Bonds	6,313	25	(5)	6,333	6,333	0

Totals	$7,321	$ 27	$ (5)	$7,343	$7,343	$ 0

December 31, 2011

(in thousands)

Securities	Amortized Cost	Gross Unrealized Gains	Gross Unrealized Losses	Fair Value	Short-Term Investments	Long Term Investments
Corporate Bonds	$3,115	$ 0	$ (14)	$3,101	$1,026	$2,075

Totals	$3,115	$ 0	$ (14)	$3,101	$1,026	$2,075

Unrealized losses on investments restricted from sale

Investments restricted from sale with continuous unrealized losses for less than 12 months and 12 months or greater and their related fair values were as follows:

June 30, 2012

(in thousands)


		Less Than 12 Months		12 Months or Greater		Totals
Securities	Total number in loss position	Fair Values	Unrealized Losses	Fair Values	Unrealized Losses	Total Fair Value	Total Unrealized Losses
Corporate Bonds	1	$2,271	$ (5)	$ 0	$ 0	$2,271	$ (5)

Totals	1	$2,271	$ (5)	$ 0	$ 0	$2,271	$ (5)

December 31, 2011

(in thousands)


		Less Than 12 Months		12 Months or Greater		Totals
Securities	Total number in loss position	Fair Values	Unrealized Losses	Fair Values	Unrealized Losses	Total Fair Value	Total Unrealized Losses
Corporate Bonds	1	$2,075	$ (14)	$ 0	$ 0	$2,075	$ (14)

Totals	1	$2,075	$ (14)	$ 0	$ 0	$2,075	$ (14)

Unrealized losses from fixed-income securities (bonds) are primarily attributable to changes in interest rates and/or a reduction in their rating of credit worthiness as deemed by independent financial rating services. Unrealized losses from domestic and international equities are due to market price movements. Management does not believe any remaining losses represent other-than-temporary impairment based on Management's evaluation of available evidence as of June 30, 2012.