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Child Care Resource Center, Inc. Notes to Financial Statements
Note 9 – Fair Value of Measurement of Investments (continued)
The following table presents the fair value measurements of assets recognized in the accompanying statements of financial position measured at fair value on a recurring basis and the fair value hierarchy in which the fair value measurements fall at June 30, 2018 and 2017:
2018
Cash and cash equivalents Equity securities
International common stock Domestic common stock Hedged equity funds
Total
Cash and cash equivalents Fixed income funds
Corporate bonds Equity securities
International common stock Domestic common stock Hedged equity funds
Real estate funds Commodity funds
Total
$
$
$
$
Level 1
1,527
510,605 1,065,476 87,741
1,665,349
Level 1 21,797
418,336
790,666 1,275,815 135,711 171,224 12,862
2,826,411
2017
$
$
$
$
Total
1,527
510,605 1,065,476 87,741
1,665,349
Total 21,797
418,336
790,666 1,275,815 135,711 171,224 12,862
2,826,411
Hedged equity funds are standard mutual funds with same liquidity provisions as other mutual funds in the investment portfolio.
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