XML 22 R12.htm IDEA: XBRL DOCUMENT v3.19.2
Investments - Available-for-Sale
 6 Months Ended
Jun. 30, 2019
Investments - Available-for-Sale  
Investments - Available-for-Sale

5.  Investments - Available-for-Sale

 

Investments available-for-sale consisted of the following as of June 30, 2019 and December 31, 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2019

 

 

Amortized Cost

 

Unrealized Gain

 

Unrealized Loss

 

Fair Value

Available-for-Sale Securities

 

 

 

 

 

 

 

 

 

 

 

 

Bonds

 

$

13,797,120

 

$

21,759

 

$

(2,800)

 

$

13,816,079

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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 condensed consolidated financial statements.

As of June 30, 2019 and December 31, 2018, the amortized cost and estimated fair value of our available-for-sale securities were due in one year or less.