INVESTMENTS

3 Months Ended

Mar. 31, 2019

INVESTMENTS

INVESTMENTS

NOTE 4 – INVESTMENTS

The Cooperative has determined fair value of its investments held to maturity based on Level 2 inputs. 

March 31, 2019:	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	—	$	3,856	$	—	$	3,856
Money Market & CD’s		—		1,108		—		1,108
	$	—	$	4,964	$	—	$	4,964
December 31, 2018:
Corporate Bonds	$	—	$	2,164	$	—	$	2,164
Money Market & CD’s		—		2,758		—		2,758
	$	—	$	4,922	$	—	$	4,922

		Net Carrying	Fair
	Amount		Value
Due in 1 year or less	$	-	$	-
Due in 2 to 5 years		3,826		3,856
Due in 6 to 10 years		-		-
	$	3,826	$	3,856

The Coopertive’s investments held to maturity are as follows as of March 31, 2019 and December 31, 2018:

	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
March 31, 2019:
Corporate Bonds	$	3,826	$	39	$	(9)	$	3,856
Money Market & CD’s		1,108		—		—		1,108
	$	4,934	$	39	$	(9)	$	4,964
December 31, 2018:
Corporate Bonds	$	2,163	$	2	$	(1)	$	2,164
Money Market & CD’s		2,758		—		—		2,758
	$	4,921	$	2	$	(1)	$	4,922

Corporate bond maturities are as follows as of March 31, 2018:

	Less than 1 year		1 to 5 Years		Total
Coporate Bonds	$	—	$	3,826	$	3,826