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Investments in Available For Sale Securities
12 Months Ended
Dec. 31, 2018
Investments in Available For Sale Securities  
Investments in Available For Sale Securities

 

Note 4. Investments - Available-for-Sale

 

Investments available-for-sale consisted of the following as of December 31, 2018 and 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

Amortized Cost

 

Unrealized Gain

 

Unrealized Loss

 

Fair Value

Available-for-Sale Securities

 

 

 

 

 

 

 

 

 

 

 

 

Bonds

 

$

10,801,836

 

$

17,415

 

$

(1,192)

 

$

10,818,059

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

 

Amortized Cost

 

Unrealized Gain

 

Unrealized Loss

 

Fair Value

Available-for-Sale Securities

 

 

 

 

 

 

 

 

 

 

 

 

Bonds

 

$

24,684,304

 

$

30,059

 

$

(65,904)

 

$

24,648,459

 

The fair value of investments available-for-sale are determined using quoted market prices from daily exchange-traded markets based on the closing price as of the balance sheet date and are classified as Level 1, as described in Note 3, Fair Value Measurement to our consolidated financial statements. 

As of December 31, 2018 and 2017, the amortized cost and estimated fair value of our available-for-sale securities were due in one year or less.