Quarterly report pursuant to Section 13 or 15(d)

Significant accounting policies (Tables)

v3.7.0.1
Significant accounting policies (Tables)
6 Months Ended
Jun. 30, 2017
Accounting Policies [Abstract]  
Schedule of Trading Securities
The composition of trading securities is as follows at December 31, 2016:
 
   
December 31, 2016
 
   
Cost
   
Fair Value
 
Certificates of deposit / commercial paper
 
$
2,378,222
   
$
2,373,891
 
                 
Corporate bonds
   
5,138,182
     
5,132,870
 
                 
Total trading securities
 
$
7,516,404
   
$
7,506,761
 
                 
Schedule of Investment Income
Investment income for the six months ended June 30, 2017 and 2016 consists of the following:

   
2017
   
2016
 
Interest income
 
$
49,225
   
$
64,550
 
                 
Realized (losses)
   
(21
)
   
(2,893
)
                 
Unrealized gains
   
11,575
     
29,089
 
                 
Management fee expenses
   
(8,435
)
   
(11,354
)
                 
 Net investment income
 
$
52,344
   
$
79,392