Available-for-Sale Securities
 9 Months Ended
Sep. 30, 2012
Available-for-Sale Securities [Abstract]  
Available-for-Sale Securities

2. Available-for-Sale Securities

 

Available-for-sale securities at September 30, 2012 and December 31, 2011 consisted of the following:

 

    2012     2011
FDIC insured certificates of deposit maturing in less than 12 months   $ 740,939     $ 2,211,287

 

At September 30, 2012 and December 31, 2011, the carrying value of the available-for-sale securities approximates fair value.