Annual report pursuant to Section 13 and 15(d)

Trading Securities (Tables)

v3.19.1
Trading Securities (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure Investment In Marketable Securities Tables Abstract  
Schedule of Change in Investment in Securities

Investments in securities are summarized as follows:

 

    Fair Value at       Proceeds   Loss       Fair Value at
Year   Beginning of Year   Purchases   from
Sale
  on
Sale
  Contributed
Capital
  Unrealized
Loss
  December 31, 2018
  2018     $ 48,000     $ —       $ —       $ —       $ —       $ (44,000 )   $ 4,000  
  2017     $ 59,000     $ —       $ —       $ —       $ —       $ (11,000 )   $ 48,000  
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
    December 31, 2018   (Level 1)   (Level 2)   (Level 3)
Trading securities    $                    4,000    $                    4,000    $                          —       $                  —   
Money market funds                          1,196                          1,196                               —                           —   
Total    $                    5,196    $                    5,196    $                          —       $                  —   

 

 

        Fair Value Measurements at Reporting Date Using
        Quoted Prices   Significant   Significant
        in Active   Other   Unobservable
    Fair Value at   Markets   Observable Inputs   Inputs
    December 31, 2017   (Level 1)   (Level 2)   (Level 3)
Trading securities    $                  48,000    $                  48,000    $                          —       $                —   
Money market funds                        36,000                        36,000                                —                          —   
Total    $                  84,000    $                  84,000    $                         —       $                  —