XML 49 R9.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Cash, Cash Equivalents, Short-Term Investments and Long-Term Investments | 9 Months Ended
--- | ---
Sep. 30, 2016
Cash, Cash Equivalents, Short-Term Investments and Long-Term Investments [Abstract] |
CASH, CASH EQUIVALENTS, SHORT-TERM INVESTMENTS AND LONG-TERM INVESTMENTS |
3. | CASH, CASH EQUIVALENTS, SHORT-TERM INVESTMENTS AND LONG-TERM INVESTMENTS
Cash, cash equivalents, short-term investments and long-term investments (at cost) consisted of the following:
|  | As of September 30, 2016 |  |  | As of December 31, 2015 |  |  | Increase (Decrease) |
Cash and cash equivalents |  | $ | 4,408,415 |  |  | $ | 1,573,328 |  |  | $ | 2,835,087 |
Short-term investments(1) |  |  | 5,199,000 |  |  |  | 4,464,000 |  |  |  | 735,000 |
Subtotal |  |  | 9,607,415 |  |  |  | 6,037,328 |  |  |  | 3,570,087 |
Long-term investments (1) |  |  | 0 |  |  |  | 487,000 |  |  |  | (487,000 | )
Total |  | $ | 9,607,415 |  |  | $ | 6,524,328 |  |  | $ | 3,083,087 |
(1) We accrued $20,065 and $9,221 in interest income on these investments as of September 30, 2016 and December 31, 2015, respectively, which was recorded in other receivables. Held to maturity securities are carried at amortized cost. The cost of securities sold is determined based on the specific identification method. Realized gains and losses, and declines in value judged to be other than temporary, are included in investment income. As of September 30, 2016, held to maturity securities consisted of the following:
|  |  |  |  | Gross Unrealized |  |  |  |
|  | Cost |  |  | Gains |  |  | Losses |  |  | Estimated Fair Value |
Certificates of deposit |  | $ | 5,199,000 |  |  | $ | 5,642 |  |  | $ | 0 |  |  | $ | 5,204,642 |

X
- References No definition available. + Details
Name: | us-gaap_CashCashEquivalentsAndShortTermInvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of the components of cash, cash equivalents, and short-term investments. Short-term investments may include current marketable securities. + References No definition available. + Details
Name: | us-gaap_CashCashEquivalentsAndShortTermInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration