7.	INVESTMENTS

Equity Method Investments

The Company accounts for investments through which a non-controlling interest is held, and has the ability to exert significant influence, using the equity method of accounting, recording its owned percentage of the investment’s net results of operations in loss in equity interests, net, in the Company’s consolidated statement of operations. Such losses reduce the carrying value of the Company’s investment and gains increase the carrying value of the Company’s investment. Dividends paid by the equity investee reduce the carrying amount of the Company’s investment.

The Company has a 25% equity investment in a company located in Finland related to a business combination completed in 2001. The Company typically receives a dividend once a year from this investment. The Company received a dividend of $658 in the first quarter of 2013 and a dividend of $728 in the second quarter of 2012. The carrying value of the investment was $148 and $533 as of September 30, 2013 and December 31, 2012, respectively, and was recorded on the consolidated balance sheet as a component of other assets.

In 2008, the Company acquired a 50% equity interest in a company located in Australia. For the nine months ended September 30, 2013 and 2012, the Company expended an additional $1,657 and $2,077, respectively, for additional working capital requirements relating to the Australian investment. The carrying value of the investment was $0 and $29 as of September 30, 2013 and December 31, 2012, respectively, and was recorded on the consolidated balance sheet as a component of other assets.

Income and loss in equity interests are as follows by equity investment:


	Three months ended September 30,						Nine months ended September 30,
	2013			2012			2013			2012
Finland	$	62		$	108		$	273		$	481
Australia		(181	)		(379	)		(1,095	)		(1,207	)

Loss in equity interests, net	$	(119	)	$	(271	)	$	(822	)	$	(726	)