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Marketable Investments
12 Months Ended
Dec. 31, 2018
Investments Debt And Equity Securities [Abstract]  
Marketable Investments

Note 4 - Marketable Investments

The Company liquidated all of its marketable investments in December of 2018 to finance the acquisition of SiriusDecisions on January 3, 2019.

The following table summarizes the Company’s marketable investments, all of which are classified as available-for-sale (in thousands):

 

 

 

As of December 31, 2017

 

 

 

 

 

 

 

Gross

 

 

Gross

 

 

 

 

 

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Market

 

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value

 

Federal agency obligations

 

$

1,800

 

 

$

 

 

$

(7

)

 

$

1,793

 

Corporate obligations

 

 

52,721

 

 

 

 

 

 

(181

)

 

 

52,540

 

Total

 

$

54,521

 

 

$

 

 

$

(188

)

 

$

54,333

 

 

The following table shows the gross unrealized losses and market value of Forrester’s available-for-sale securities with unrealized losses that are not deemed to be other-than-temporary, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position (in thousands):

 

 

 

As of December 31, 2017

 

 

 

Less Than 12 Months

 

 

12 Months or Greater

 

 

 

Market

 

 

Unrealized

 

 

Market

 

 

Unrealized

 

 

 

Value

 

 

Losses

 

 

Value

 

 

Losses

 

Federal agency obligations

 

$

 

 

$

 

 

$

1,793

 

 

$

7

 

Corporate obligations

 

 

31,723

 

 

 

149

 

 

 

20,817

 

 

 

32

 

Total

 

$

31,723

 

 

$

149

 

 

$

22,610

 

 

$

39

 

 

Realized gains and losses are recognized into earnings at the time of the sale based on specific identification of the cost basis of each security. Realized losses on sales of the Company’s available-for-sale securities were $0.2 million for the year ended December 31, 2018 and were recorded in other income, net. Realized gains or losses on sales of the Company’s available-for-sale securities were not significant for the year ended December 31, 2017.