Quarterly report pursuant to sections 13 or 15(d)

Investments Held in Trust (Tables)

v2.4.0.6
Investments Held in Trust (Tables)
6 Months Ended
Jun. 30, 2012
Schedule of Unrealized Loss on Investments [Table Text Block]
 The carrying amount, excluding accrued interest income, gross unrealized holding losses and fair value of held-to-maturity securities at June 30, 2012, and the carrying amount, excluding accrued interest income, gross unrealized holding gains and fair value of held-to-maturity securities at December 31, 2011 are as follows:
 
June 30, 2012 Amortized
Cost
Gross
Unrecognized
Gains
Gross
Unrecognized
Losses
Fair Value
Cash $ 2 $ $ $ 2
Held-to-Maturity:
United States Treasury Securities 50,263,822 843 50,262,979
Total Investments Held in Trust $ 50,263,824 $ $ 843 $ 50,262,981
 
 
December 31, 2011 Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Cash $ 2,280 $ $ $ 2,280
Held-to-Maturity:
United States Treasury Securities 50,253,297 195 50,253,492
Total Investments Held in Trust $ 50,255,577 $ 195 $ $ 50,255,772