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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Measurements Tables  
Assets and liabilities measured at fair value on a recurring basis

The following tables provide information on those assets measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015, respectively:

 

   

Carrying

Amount In

Balance Sheet

    Fair Value     Fair Value Measurement Using  
   

June 30,

2016

   

June 30,

2016

    Level 1     Level 2     Level 3  
Assets:                              
Money Market Funds   $ 926,974     $ 926,974     $ 926,974     $     $  
                                         

 

   

Carrying

Amount In

Balance Sheet

    Fair Value     Fair Value Measurement Using  
   

December 31,

2015

   

December 31,

2015

    Level 1     Level 2     Level 3  
Assets:                              
Money Market Funds   $ 973,470     $ 973,470     $ 973,470     $     $