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Investments

12 Months Ended

Dec. 31, 2015

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.