Quarterly report pursuant to Section 13 or 15(d)

Significant accounting policies (Tables)

v3.7.0.1
Significant accounting policies (Tables)
3 Months Ended
Mar. 31, 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 three months ended March 31, 2017 and 2016 consists of the following:
 
   
2017
   
2016
 
Interest income
 
$
22,130
   
$
24,530
 
                 
Realized (losses)
   
(21
)
   
(1,151
)
                 
Unrealized gains
   
8,542
     
26,818
 
                 
Management fee expenses
   
(4,431
)
   
(5,912
)
                 
 Net investment income
 
$
26,220
   
$
44,285