Investments (Tables)

6 Months Ended

Jun. 30, 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:

	As of June 30,		As of December 31,
	2014		2013
	(in thousands, unaudited)
Investment in GCP I	$	1,826	$	2,257
Investment in GCP II	907		7,690
Investment in other merchant banking funds	1,792		1,798
Total investments in merchant banking funds	$	4,525	$	11,745

Investment Revenues by Source

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

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2014			2013			2014			2013
	(in thousands, unaudited)
Net realized and unrealized gains (losses) on investments in merchant banking funds	$	(1,299	)	$	(3,354	)	$	(6,503	)	$	(3,354	)
Net realized and unrealized gains on investment in Iridium	—			6,652			—			4,570
Deferred gain on sale of certain merchant banking assets	49			49			97			98
Interest income	286			277			556			453
Total investment revenues (losses)	$	(964	)	$	3,624		$	(5,850	)	$	1,767