Marketable Securities

12 Months Ended

Dec. 31, 2012

Marketable Securities

Marketable Securities

(3) Marketable Securities

        The amortized cost and fair value for held-to-maturity securities by major security type at December 31, 2012 and 2011 were as follows:

	2012				2011
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Held-to-maturity:
Municipal bonds	$	2,903,003	$	2,908,030	$	4,911,346	$	4,921,201
Certificates of deposit		2,802,993		2,811,677		5,192,983		5,206,119
	$	5,705,996	$	5,719,707	$	10,104,329	$	10,127,320

        The fair value of the marketable securities above was determined using Level 2 inputs as discussed in Note17. There were no gross realized gains or losses for the years ended December 31, 2012, 2011 and 2010.

        Maturities of investment securities at December 31, 2012 and 2011 were as follows:

	2012				2011
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due within one year	$	5,495,556	$	5,505,095	$	4,304,912	$	4,316,235
After one year through five years		210,440		214,612		5,799,417		5,811,085
	$	5,705,996	$	5,719,707	$	10,104,329	$	10,127,320