INVESTMENTS IN MARKETABLE SECURITIES (Tables)

9 Months Ended

Sep. 30, 2015

Investments, Debt and Equity Securities [Abstract]

Gain (Loss) on Investments [Table Text Block]

Net realized and unrealized (loss) gain from investments in marketable securities for the three and nine months ended September 30, 2015 and 2014 is summarized below:

	Three months ended				Nine months ended
	September 30,				September 30,
Description	2015		2014		2015		2014
Net realized (loss) gain from sales of securities	$	(18,000)	$	290,000	$	186,000	$	336,000
Unrealized net (loss) gain in trading securities		(256,000)		(542,000)		(830,000)		50,000
Total net (loss) gain from investments in marketable securities	$	(274,000)	$	(252,000)	$	(644,000)	$	386,000

- Definition

Tabular disclosure of the realized and unrealized gains and losses reported in the statement of income which have resulted from the sale and holding of marketable securities, respectively, as well as the sale or disposal of cost method investments. Such amounts would include realized gains and losses on the sale or disposal of trading, available-for-sale, and held-to-maturity securities, unrealized gains and losses on trading securities, unrealized gains and losses on available-for-sale and held-to-maturity securities transferred to the trading securities category, realized gains and losses on the sale or disposal of cost method investments, and losses recognized for other than temporary impairments (OTTI) of such investments.

+ References + Details