Organziation And Summary Of Significiant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2014

Organziation And Summary Of Significiant Accounting Policies Tables

Estimated Economic Useful Lives of Assets

Depreciation and amortization are computed using the straight-line method over the estimated economic useful lives of the related assets as follows:

Furniture & fixtures	5-10 years
Equipment	5- 7 years
Computer equipment	3 years
Leasehold improvements	6-15 years

Schedule of Gross Unrealized Gain\Loss on Securities

Investments in securities are summarized as follows:

	September 30, 2014
	Gross		Gross			Net
	Unrealized		Unrealized			Unrealized			Fair
	Gain		(Loss)			Gain (Loss)			Value
Trading securities	$	524,525	$	(1,866,874	)	$	(1,342,349	)	$	1,858,873
Available-for-sale securities	$	1,925,801	$	(397,600	)	$	1,528,201		$	5,600,836

	December 31, 2013
	Gross		Gross			Net
	Unrealized		Unrealized			Unrealized			Fair
	Gain		(Loss)			Gain (Loss)			Value
Trading securities	$	4,966,872	$	(6,692,643	)	$	(1,725,771	)	$	1,717,438
Available-for-sale securities	$	10,665,813	$	(7,144,642	)	$	3,521,171		$	2,900,090

Schedule of Gross Realized Gain\Loss on Securities

During the nine months ended September 30, 2014 and 2013, sales proceeds and gross realized gains and losses on securities classified as available-for-sale securities and trading securities were:

	September 30, 2014			September 30, 2013
Trading securities:
Sales Proceeds	$	8,176,418		$	4,487,430
Gross Realized (Losses)		(74,732	)		(246,915	)
Gross Realized Gains		5,894,164			1,211,032
Gain (loss) on sale of marketable securities	$	5,819,432		$	964,117

		September 30, 2014		September 30, 2013
Available-for-sale securities:
Sale Proceeds	$	—	$	—
Gross Realized Losses		—		—
Gross Realized Gains	$	—	$	—

Schedule of Fair Value of Assets Measured on Recurring Basis

The following table discloses the assets measured at fair value on a recurring basis and the methods used to determine fair value:

			Fair Value Measurements at Reporting Date Using
			Quoted Prices		Significant		Significant
			in Active		Other		Unobservable
	Fair Value at		Markets		Observable Inputs		Inputs
	September 30, 2014		(Level 1)		(Level 2)		(Level 3)
Trading securities	$	1,858,873	$	1,858,873	$	—	$	—
Available-for-sale securities		5,600,836		5,600,836		—		—
Total	$	7,459,709	$	7,459,709	$	—	$	—