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Investments | 12 Months Ended
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Dec. 31, 2015
Notes to Financial Statements |
Note 4 - Investments | The cost and fair value of investments classified as available for sale are as follows:
December 31, 2015 |  | Cost |  |  | Unrealized Gains |  |  | Unrealized Losses |  |  | Fair Value |
Common stocks & ETF's |  | $ | 690 |  |  | $ | 17 |  |  | $ | (94 | ) |  | $ | 613 |
Mutual Funds |  |  | 27 |  |  |  | - |  |  |  | (1 | ) |  |  | 26 |
Preferred Securities |  |  | 98 |  |  |  | 6 |  |  |  | - |  |  |  | 104 |
Corporate Bonds |  |  | 1,518 |  |  |  | 43 |  |  |  | (88 | ) |  |  | 1,473 |
Total |  | $ | 2,333 |  |  | $ | 66 |  |  | $ | (183 | ) |  | $ | 2,216 |
December 31, 2014 |  | Cost |  |  | Unrealized Gains |  |  | Unrealized Losses |  |  | Fair Value |
Common stocks & ETF's |  | $ | 530 |  |  | $ | 20 |  |  | $ | (64 | ) |  | $ | 486 |
Mutual Funds |  |  | 445 |  |  |  | - |  |  |  | (11 | ) |  |  | 435 |
Preferred Securities |  |  | 180 |  |  |  | - |  |  |  | (2 | ) |  |  | 178 |
Corporate Bonds |  |  | 1,949 |  |  |  | 2 |  |  |  | (270 | ) |  |  | 1,680 |
Total |  | $ | 3,104 |  |  | $ | 22 |  |  | $ | (347 | ) |  | $ | 2,779 |
December 31, 2013 |  | Cost |  |  | Unrealized Gains |  |  | Unrealized Losses |  |  | Fair Value |
Common stocks & ETF's |  | $ | 1,006 |  |  | $ | 98 |  |  | $ | (32 | ) |  | $ | 1,072 |
Mutual Funds |  |  | 55 |  |  |  | 2 |  |  |  | - |  |  |  | 57 |
Preferred Securities |  |  | 465 |  |  |  | 13 |  |  |  | (16 | ) |  |  | 462 |
Corporate Bonds |  |  | 973 |  |  |  | 1 |  |  |  | (49 | ) |  |  | 925 |
Total |  | $ | 2,499 |  |  | $ | 114 |  |  | $ | (97 | ) |  | $ | 2,516 |
Gross gains of $48, $177, and $248 and gross losses of $120, $78 and $53 were realized on the sales of investments during the years ended December, 2015, 2014 and 2013 respectively. The following table shows the gross unrealized losses and fair value of the Company's investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2015, 2014 and, 2013:
|  | Less Than 12 Months |  |  | 12 Months or Greater |  |  | Total |
December 31, 2015 |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |
Common stocks & ETF's |  | $ | 225 |  |  | $ | (72 | ) |  | $ | 152 |  |  | $ | (22 | ) |  | $ | 377 |  |  | $ | (94 | )
Mutual Funds |  |  | 26 |  |  |  | (1 | ) |  |  | - |  |  |  | - |  |  |  | 26 |  |  |  | (1 | )
Preferred Securities |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Corporate Bonds |  |  | 370 |  |  |  | (32 | ) |  |  | 479 |  |  |  | (56 | ) |  |  | 849 |  |  |  | (88 | )
|  | $ | 621 |  |  | $ | (105 | ) |  | $ | 631 |  |  | $ | (78 | ) |  | $ | 1,252 |  |  | $ | (183 | )
|  | Less Than 12 Months |  |  | 12 Months or Greater |  |  | Total |
December 31, 2014 |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |
Common stocks & ETF's |  | $ | 162 |  |  | $ | (49 | ) |  | $ | 141 |  |  | $ | (15 | ) |  | $ | 303 |  |  | $ | (64 | )
Mutual Funds |  |  | 435 |  |  |  | (10 | ) |  |  | - |  |  |  | - |  |  |  | 435 |  |  |  | (10 | )
Preferred Securities |  |  | 81 |  |  |  | (2 | ) |  |  | - |  |  |  | - |  |  |  | 81 |  |  |  | (2 | )
Corporate Bonds |  |  | 1,056 |  |  |  | (195 | ) |  |  | 497 |  |  |  | (76 | ) |  |  | 1,553 |  |  |  | (271 | )
|  | $ | 1,734 |  |  | $ | (256 | ) |  | $ | 638 |  |  | $ | (91 | ) |  | $ | 2,372 |  |  | $ | (347 | )
|  | Less Than 12 Months |  |  | 12 Months or Greater |  |  | Total |
December 31, 2013 |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Unrealized Losses |
Common stocks & ETF's |  | $ | 213 |  |  | $ | (32 | ) |  | $ | - |  |  | $ | - |  |  | $ | 213 |  |  | $ | (32 | )
Mutual Funds |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Preferred Securities |  |  | 224 |  |  |  | (15 | ) |  |  | - |  |  |  | - |  |  |  | 224 |  |  |  | (15 | )
Corporate Bonds |  |  | 616 |  |  |  | (43 | ) |  |  | 97 |  |  |  | (7 | ) |  |  | 713 |  |  |  | (50 | )
|  | $ | 1,053 |  |  | $ | (90 | ) |  | $ | 97 |  |  | $ | (7 | ) |  | $ | 1,150 |  |  | $ | (97 | )
The Company's investments in equity securities, mutual funds, and corporate bonds consist of investments in common stock, preferred stock, structured notes and other debt securities of companies in various industries. The Company recorded other-than-temporary impairment losses of approximately $475 during fiscal 2015 with respect to certain structured notes. The impairment losses are included in "other income (expense)" in the accompanying consolidated statements of income and comprehensive income. The structured notes allow the issuer to settle at an amount less than par in certain circumstances. In reaching a conclusion to record these other-than-temporary impairment losses, the Company evaluated the near-term prospects of the issuers and determined it was probable the issuers would have the ability to settle the bonds for an amount less than par value at maturity.

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