| Schedule of Marketable Securities |
This includes basing value on yields
currently available on comparable securities of issuers with similar credit ratings.
| |
|
As of June 30, 2017 |
|
| |
|
Cost |
|
|
Accrued Income |
|
|
Unrealized Gains |
|
|
Unrealized Losses |
|
|
Fair Value |
|
| Level 2: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Money market funds |
|
$ |
228 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
228 |
|
| Municipal securities |
|
|
1,009,356 |
|
|
|
1,030 |
|
|
|
1,009 |
|
|
|
- |
|
|
|
1,011,395 |
|
| Total Level 2: |
|
|
1,009,584 |
|
|
|
1,030 |
|
|
|
1,009 |
|
|
|
- |
|
|
|
1,011,623 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total: |
|
$ |
1,009,584 |
|
|
$ |
1,030 |
|
|
$ |
1,009 |
|
|
$ |
- |
|
|
$ |
1,011,623 |
|
| |
|
As of December 31, 2016 |
|
| |
|
Cost |
|
|
Accrued Income |
|
|
Unrealized Gains |
|
|
Unrealized Losses |
|
|
Fair Value |
|
| Level 2: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Money market funds |
|
$ |
29,657 |
|
|
$ |
15 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
29,672 |
|
| Municipal securities |
|
|
20,314 |
|
|
|
15 |
|
|
|
- |
|
|
|
- |
|
|
|
20,329 |
|
| Total Level 2: |
|
|
49,971 |
|
|
|
30 |
|
|
|
- |
|
|
|
- |
|
|
|
50,001 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total: |
|
$ |
49,971 |
|
|
$ |
30 |
|
|
$ |
- |
|
|
$ |
- |
|
|
|
50,001 |
|
|