Marketable Securities

3 Months Ended

Mar. 31, 2014

Investments Debt And Equity Securities [Abstract]

Marketable Securities

Note 2 – Marketable Securities

The Company’s marketable securities as of March 31, 2014 and December 31, 2013 consisted only of common stock classified as available-for-sale securities. The Company did not sell any available-for-sale securities during the three months ended March 31, 2014 and 2013. All unrealized gains and losses on these securities are included in Other comprehensive income (loss) on the Company’s Condensed Consolidated Statement of Comprehensive Income net of tax. No unrealized gains or losses have been reclassified from Other comprehensive income to a component of Net income.

The following is a summary of available-for-sale securities owned by the Company:

	March 31, 2014
	Investment at cost		Unrealized gains		Unrealized losses		Estimated fair value
Common stock	$	238,504		165,380	$	—	$	403,884

	December 31, 2013
	Investment at cost		Unrealized gains		Unrealized losses		Estimated fair value
Common stock	$	238,504	$	167,630	$	—	$	406,134