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Fair Value Measurements:
12 Months Ended
Dec. 31, 2011
Fair Value Measurements:

Note 6.         Fair Value Measurements:

ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels: Level 1 inputs are quoted prices in active markets for identical assets or liabilities, Level 2 inputs are inputs other than quoted prices included within Level 1 that are directly or indirectly observable for the asset or liability and Level 3 inputs are unobservable inputs for the asset or liability that reflect the entity’s own assumptions.

                                                                                                                                                                               

 

 

Fair value

December 31, 2011

Level 1

Level 2

Level 3

Marketable securities

 

$ 892,271

$ 892,271

 

 

 

 

 

 

 

 

Fair value

December 31, 2010

Level 1

Level 2

Level 3

Marketable securities

 

$ 2,263,923

$ 2,263,923