Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2014
Summary Of Significant Accounting Policies Tables  
Cash and Cash Equivalents
    December 31, 2014     December 31, 2013  
             
Cash   $ 2,984,000     $ 1,903,000  
Money market fund     14,678,000       17,035,000  
Total   $ 17,662,000     $ 18,938,000  
Financial assets subject to fair value measurements
    Fair Value as of     Fair Value Measurements at December 31, 2014 Using Fair Value Hierarchy  
    December 31, 2014     Level 1     Level 2     Level 3  
Cash and cash equivalents   $ 17,662,000     $ 17,662,000     $ —     $ —  
Corporate bond     1,079,000       1,079,000       —       —  
Total   $ 18,741,000     $ 18,741,000     $ —     $ —  

 

 

    Fair Value as of     Fair Value Measurements at December 31, 2013 Using Fair Value Hierarchy  
    December 31, 2013     Level 1     Level 2     Level 3  
Cash and cash equivalents   $ 18,938,000     $ 18,938,000     $ —     $ —  
Corporate bond     530,000       530,000       —       —  
Total   $ 19,468,000     $ 19,468,000     $ —     $ —