Investments (Tables)

3 Months Ended

Mar. 31, 2014

Schedule of Investments [Abstract]

Carrying Value of Investments in Merchant Banking Funds

The carrying value of the Company’s investments in merchant banking funds are as follows (in thousands):

	As of March 31,		As of December 31,
	2014		2013
	(unaudited)
Investment in GCP I	$	2,029	$	2,257
Investment in GCP II	2,432		7,690
Investment in other merchant banking funds	1,798		1,798
Total investments in merchant banking funds	$	6,259	$	11,745

Investment Revenues by Source

The Company’s investment revenues, by source, are as follows:

	For the Three Months Ended March 31,
	2014			2013
	(in thousands, unaudited)
Net realized and unrealized gains (losses) on investment in Iridium	$	—		$	(2,081	)
Net realized and unrealized gains (losses) on investments in merchant banking funds	(5,205		)	—
Deferred gain on sale of certain merchant banking assets	49			49
Interest income	270			176
Total investment revenues (losses)	$	(4,886	)	$	(1,856	)