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Other Non-Operating Income (Expense)
3 Months Ended
Mar. 31, 2014
Other Nonoperating Income (Expense) [Abstract]  
Other Non-Operating Income (Expense)
OTHER NON-OPERATING INCOME (EXPENSE)
A summary of non-operating income (expense) is as follows:
 
 
Three Months Ended 
 March 31
(in thousands)
 
2014
 
2013
Gain on sale of building
 
$
127,670

 
$

Foreign currency gain (loss), net
 
5,037

 
(4,614
)
(Losses) gains on sales or write-downs of marketable equity securities
 
(785
)
 
542

Other, net
 
1,351

 
(11
)
Total Other Non-Operating Income (Expense)
 
$
133,273

 
$
(4,083
)

On March 27, 2014, the Company completed the sale of its headquarters building for approximately $158 million. In connection with the sale, the Company recorded a $127.7 million pre-tax gain in the first quarter of 2014. The headquarters building is used primarily by The Washington Post newspaper, which was sold by the Company in October 2013.