Annual report pursuant to Section 13 and 15(d)

Accumulated other comprehensive income (loss) (Tables)

v3.8.0.1
Accumulated other comprehensive income (loss) (Tables)
12 Months Ended
Dec. 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 years ended December 31 were as follows:

 

 

2016

2015

Marketable securities

 

 

Beginning balance

$

(12,563)

$

-

 

 

Gains (losses) on available for sale securities

 

-

(12,563)

Less: Tax (tax benefit)

 

-

-

  Net gains (losses) on available for sale securities

 

-

(12,563)

 

 

(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

(12,563)

 

 

Ending balance

$

-

$

(12,563)