Investments

9 Months Ended

Sep. 30, 2012

Investments [Abstract]

Investments

Note 4.   Investments 

The cost and estimated fair value of the Company’s investments are as follows:  

			Gross		Gross		Fair
			unrealized		unrealized		value
	Cost		gain		loss
September 30, 2012
Commercial Paper	$	5,449,000	$	0	$	0	$	5,449,000
Equity Securities		101,000		3,561,000		(55,000)		3,607,000
		5,550,000		3,561,000		(55,000)		9,056,000
Less Cash and Cash Equivalents		5,449,000		0		0		5,449,000
Total Investments, September 30, 2012	$	101,000	$	3,561,000	$	(55,000)	$	3,607,000
December 31, 2011
Commercial Paper	$	5,373,000	$	0	$	0	$	5,373,000
Equity Securities		101,000		3,134,000		(54,000)		3,181,000
		5,474,000		3,134,000		(54,000)		8,554,000
Less Cash and Cash Equivalents		5,373,000		0		0		5,373,000
Total Investments, December 31, 2011	$	101,000	$	3,134,000	$	(54,000)	$	3,181,000

At September 30, 2012 and December 31, 2011, the Company’s most significant investment in equity securities was 343,267 shares of Rudolph Technologies, Inc. (“Rudolph”) which is accounted for under the available-for-sale method.  As of September 30, 2012 and December 31, 2011, the aggregate value of the Company’s Rudolph shares as reported on the Nasdaq Stock Market was approximately $3,604,000 and $3,134,000, respectively, with an approximate cost of $45,000.