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Marketable Securities
12 Months Ended
Dec. 31, 2012
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities [Text Block]

Note 11 – Marketable Securities

 

Available-for-sale securities

 

Available-for-sale securities, classified as other current assets, is as:

 

    December 31, 2012  
    Amortized
Cost
    Unrealized Gains in
Comprehensive
Income
    Unrealized Losses in
Comprehensive
Income
    Sales of
Securities
    Fair Value  
                                         
Available-for-sale securities   $ 150,793     $ 30,363     $ (948 )   $ (180,208 )   $ -  

 

    December 31, 2011  
    Amortized
Cost
    Unrealized Gains in
Accumulated Other
Comprehensive
Income
    Unrealized Losses in
Accumulated Other
Comprehensive
Income
    Sales of
Securities
    Fair Value  
                                         
Available-for-sale securities   $ 365,786     $ 83,817     $ (298,810 )   $ -     $ 150,793  

 

Net unrealized holding gains (losses) on available-for-sale securities in the amount of $29,415 and $(214,993) for the years ended December 31, 2012 and 2011, respectively, have been included in accumulated other comprehensive income.

 

Due to the sale of marketable securities during the year ended December 31, 2012, the Company released an additional $(40,579) out of the accumulated other comprehensive income balance, into earnings, resulting in an accumulated other comprehensive income balance (associated with available-for-sale securities) of $-0- at December 31, 2012.