Quarterly report pursuant to Section 13 or 15(d)

Accumulated other comprehensive income (loss) (Tables)

v3.4.0.3
Accumulated other comprehensive income (loss) (Tables)
3 Months Ended
Mar. 31, 2016
Accumulated other comprehensive income (loss) {2}  
Accumulated other comprehensive income (loss)

The changes in the balances for accumulated other comprehensive income (loss) (“AOCI”) for the periods ended March 31, 2016 and 2015 were as follows:

 

Three Months Ended March 31,

Marketable securities

2016

2015

 

 

 

 

 

Beginning balance

$

(12,563)

$

-

Gains (losses) on available for sale securities

-

-

Less: Tax (tax benefit)

-

-

  Net gains (losses) on available for sale securities

-

-

(Gains) Losses reclassified from AOCI to net income

12,563

-

Less: Tax (tax benefit)

-

-

Net gains (losses) reclassified from AOCI to net income

12,563

-

  Other comprehensive income (loss), net of tax

12,563

-

Ending balance

$

-

$

-