Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities

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Marketable Securities
 9 Months Ended
Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities
3. Marketable Securities
 
Marketable securities, classified as trading, consist of the following:
 
 
 
As of September 30, 2015
 
($ in thousands)
 
Cost
 
Unrealized Gain/(Loss)
 
Fair Value
 
U.S. treasury bill
 
$
39,940
 
$
11
 
$
39,951
 
 
 
 
As of December 31, 2014
 
($ in thousands)
 
Cost
 
Unrealized Gain/(Loss)
 
Fair Value
 
U.S. treasury bill
 
$
19,998
 
$
-
 
$
19,998
 
Mutual fund
 
 
4
 
 
-
 
 
4
 
 
 
$
20,002
 
$
-
 
$
20,002
 
 
The contractual term to maturity of all marketable securities held by the Company as of September 30, 2015 is less than one year.