XML 19 R8.htm IDEA: XBRL DOCUMENT v3.19.1
Investments
3 Months Ended
Mar. 31, 2019
Investments [Abstract]  
Investments

The Company currently invests its excess cash in debt securities, with an average maturity of approximately six months. At March 31, 2019 held to maturity investments were $4,994,000, all with maturity dates of less than one year. These investments are accounted for in accordance with Accounting Standards Codification (“ASC”) 320-10, “Investments – Debt and Equity Securities.” At March 31, 2019, the Company’s investment balances consisted solely of held to maturity securities, were carried at cost which approximates fair value due to the negligible risk of changes in value due to interest rates.