| Summary of investment in marketable security |
| Summary of investment in marketable security |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Adjusted Cost |
|
|
Unrealized Gain/(Loss) |
|
|
Fair Value |
|
| Corporate Bonds |
|
$ |
44,822 |
|
|
$ |
(2,968 |
) |
|
$ |
41,854 |
|
| U.S. Treasury |
|
|
20,922 |
|
|
|
(1,437 |
) |
|
|
19,485 |
|
| Mortgage-Backed |
|
|
6,285 |
|
|
|
(760 |
) |
|
|
5,525 |
|
| U.S. agency and government sponsored securities |
|
|
13,116 |
|
|
|
(1,495 |
) |
|
|
11,621 |
|
| U.S. states and municipalities |
|
|
11,818 |
|
|
|
(988 |
) |
|
|
10,830 |
|
| Asset-Backed |
|
|
567 |
|
|
|
(9 |
) |
|
|
558 |
|
| Total |
|
$ |
97,530 |
|
|
$ |
(7,657 |
) |
|
$ |
89,873 |
|
The investments in marketable securities
had an adjusted cost basis of $113.8 million and a market value of $112.5 million as of December 31, 2021. The balances consisted of the
following securities (in thousands):
| |
|
|
|
|
|
|
|
|
|
| |
|
Adjusted Cost |
|
|
Unrealized Gain/(Loss) |
|
|
Fair Value |
|
| Corporate Bonds |
|
$ |
47,864 |
|
|
$ |
(529 |
) |
|
$ |
47,335 |
|
| U.S. Treasury |
|
|
24,410 |
|
|
|
(257 |
) |
|
|
24,153 |
|
| Mortgage-Backed |
|
|
7,504 |
|
|
|
(143 |
) |
|
|
7,361 |
|
| U.S. agency and government sponsored securities |
|
|
14,675 |
|
|
|
(87 |
) |
|
|
14,588 |
|
| U.S. states and municipalities |
|
|
11,871 |
|
|
|
(189 |
) |
|
|
11,682 |
|
| Asset-Backed |
|
|
6,456 |
|
|
|
(50 |
) |
|
|
6,406 |
|
| Commercial paper |
|
|
998 |
|
|
|
– |
|
|
|
998 |
|
| Total |
|
$ |
113,778 |
|
|
$ |
(1,255 |
) |
|
$ |
112,523 |
|
|
| Schedule of unrealized losses and fair values of available for sale securities |
| Schedule of unrealized losses and fair values of available for sale securities |
|
|
|
|
|
|
| |
|
Gross
Unrealized Loss
|
|
|
Fair Value |
|
| Corporate Bonds |
|
$ |
(2,375 |
) |
|
$ |
34,365 |
|
| U.S. Treasury |
|
|
(1,456 |
) |
|
|
19,489 |
|
| Mortgage-Backed |
|
|
(829 |
) |
|
|
5,528 |
|
| U.S. agency and government sponsored securities |
|
|
(1,493 |
) |
|
|
11,625 |
|
| U.S. states and municipalities |
|
|
(781 |
) |
|
|
8,020 |
|
| Asset-Backed |
|
|
(10 |
) |
|
|
558 |
|
| Total |
|
$ |
(6,944 |
) |
|
$ |
79,585 |
|
|