Other Comprehensive Income

9 Months Ended

Sep. 30, 2011

Other Comprehensive Income [Abstract]

Other Comprehensive Income

G.   Other Comprehensive Income (Loss)

Other comprehensive income (loss) includes the changes in fair value of investments classified as available-for-sale and the change in fair value of the derivative instrument designated as a cash flow hedge.

For the nine months ended September 30, 2011, total comprehensive income was $734,000, comprising net income of $678,000 and change in accumulated other comprehensive income of $56,000, compared to total comprehensive income of $5,327,000 in the nine months ended September 30, 2010, comprising net income of $5,221,000 and change in accumulated other comprehensive income of $106,000.

The components of accumulated other comprehensive income (loss), net of related taxes for the three month period ended September 30, 2011 and December 31, 2010, are as follows:

	September 30, 2011			December 31, 2010
	(in thousands)
Deferred loss on swap liability on hedge contracts	$	--		$	(21	)
Unrealized gain on available-for-sale securities		30			20
Other comprehensive income (tax effect)		(12	)		(37	)
Accumulated other comprehensive income (loss)	$	18		$	(38	)