Financial Instruments

6 Months Ended

Jun. 30, 2015

Investments, Debt and Equity Securities [Abstract]

Financial Instruments

Note 2. Financial Instruments

The following table summarizes the fair value of our cash and cash equivalents held in our current investment portfolio:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Fair Value
June 30, 2015
Cash	$	2,302,734	$	—	$	—	$	2,302,734
Cash equivalents		27,626,406		—		—		27,626,406
Total cash and cash equivalents	$	29,929,140	$	—	$	—	$	29,929,140

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Fair Value
December 31, 2014
Cash	$	1,398,928	$	—	$	—	$	1,398,928
Cash equivalents		23,588,675		—		—		23,588,675
Total cash and cash equivalents	$	24,987,603	$	—	$	—	$	24,987,603

At June 30, 2015, our investments in money market accounts are through a money market fund that invests in high quality, short-term money market instruments which are classified as cash equivalents in the accompanying Condensed Consolidated Balance Sheet due to their short maturities. The investment seeks to provide the highest possible level of current income while still maintaining liquidity and preserving capital. From time to time, we carry cash balances in excess of federally insured limits.