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Investments
6 Months Ended
Jun. 30, 2019
Investments [Abstract]  
Investments

The Company currently invests its excess cash in debt securities, with an average maturity of approximately six months. At June 30, 2019, there were $5,014,000 of held to maturity investments, all with maturity dates of less than one year. These investments are accounted for in accordance with Accounting Standards Codification (“ASC”) 320-10, “Investments – Debt and Equity Securities.” At June 30, 2019, the Company’s investment balances consisted solely of held to maturity investments and are carried at cost which approximates fair value due to the negligible risk of changes in value due to interest rates.