XML 28 R13.htm IDEA: XBRL DOCUMENT v3.7.0.1
Available for Sale Securities
 6 Months Ended
Jun. 30, 2017
Investments Debt And Equity Securities [Abstract]  
Available for Sale Securities

 

Note 5. Available for Sale Securities

 

The Company had no available-for-sale securities as of June 30, 2017. The following is a summary of the Company’s available-for-sale securities at December 31, 2016.

 

 

December 31, 2016

 

 

 

 

 

 

Gross

 

 

Gross

 

 

Fair Value

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

(Net Carrying

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Amount)

 

U.S. Treasury securities

$

1,300,151

 

 

$

512

 

 

$

—

 

 

$

1,300,663

 

Corporate debt securities

 

3,005,840

 

 

 

—

 

 

 

(1,602

)

 

 

3,004,238

 

Total available-for-sale securities

$

4,305,991

 

 

$

512

 

 

$

(1,602

)

 

$

4,304,901

 

 

The net adjustment to unrealized holding gains on available-for-sale securities, net of tax in other comprehensive income totaled $736 and $1,090 for the three and six months ended June 30, 2017, respectively, and $4,522 and $43,873 for the three and six months ended June 30, 2016, respectively.