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Marketable Securities (Tables)
9 Months Ended
Sep. 30, 2013
Marketable Securities  
Schedule of amortized cost and fair value for held-to-maturity securities by major security type

 

 

 

September 30, 2013

 

 

 

Amortized
Cost

 

Gross
Unrealized
Holding
Gains

 

Gross
Unrealized
Holding
Losses

 

Fair Value

 

Certificates of deposit

 

$

245,000

 

$

118

 

$

 

$

245,118

 

Municipal bonds

 

206,357

 

1,053

 

 

207,410

 

 

 

$

451,357

 

$

1,171

 

$

 

$

452,528

 

 

 

 

December 31, 2012

 

 

 

Amortized
Cost

 

Gross
Unrealized
Holding
Gains

 

Gross
Unrealized
Holding
Losses

 

Fair Value

 

Certificates of deposit

 

$

2,802,993

 

$

8,684

 

$

 

$

2,811,677

 

Municipal bonds

 

2,903,003

 

5,057

 

(30

)

2,908,030

 

 

 

$

5,705,996

 

$

13,741

 

$

(30

)

$

5,719,707