Investment Securities (Tables)

3 Months Ended

Mar. 31, 2013

Investment Securities

Schedule of marketable investment securities, restricted cash and cash equivalents, and other investment securities

	As of
	March 31,		December 31,
	2013		2012
	(In thousands)
Marketable investment securities—current:
Corporate bonds	$	642,309	$	654,096
VRDNs	65,010		66,145
Strategic	46,231		56,288
Other	36,014		39,422
Total marketable investment securities—current	789,564		815,951
Restricted marketable investment securities (1)	9,253		7,529
Total	798,817		823,480
Restricted cash and cash equivalents (1)	12,215		21,516
Other investment securities—noncurrent:
Cost method	26,073		27,711
Equity method	153,498		155,500
Total other investment securities—noncurrent	179,571		183,211
Total marketable investment securities, restricted cash and cash equivalents, and other investment securities	$	990,603	$	1,028,207

(1) Restricted marketable investment securities and restricted cash and cash equivalents are included in “Restricted cash and marketable investment securities” on our Condensed Consolidated Balance Sheets.

Schedule of unrealized gains (losses) on marketable investment securities

	Amortized		Unrealized					Estimated
	Cost		Gains		Losses			Fair Value
	(In thousands)
As of March 31, 2013
Debt securities:
Corporate bonds	$	641,886	$	530	$	(107	)	$	642,309
VRDNs	65,010		—		—			65,010
Other (including restricted)	45,263		5		(1		)	45,267
Equity securities - strategic	20,314		26,033		(116		)	46,231
Total marketable investment securities	$	772,473	$	26,568	$	(224	)	$	798,817
As of December 31, 2012
Debt securities:
Corporate bonds	$	653,812	$	591	$	(307	)	$	654,096
VRDNs	66,145		—		—			66,145
Other (including restricted)	46,946		5		—			46,951
Equity securities - strategic	21,214		35,074		—			56,288
Total marketable investment securities	$	788,117	$	35,670	$	(307	)	$	823,480

Schedule of available-for-sale securities in continuous unrealized loss position by length of time and their fair value

	As of
	March 31, 2013					December 31, 2012
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
	(In thousands)
Less than 12 months	$	225,002	$	(186	)	$	275,587	$	(288	)
12 months or more	52,829		(38		)	12,963		(19		)
Total	$	277,831	$	(224	)	$	288,550	$	(307	)

Schedule of fair value measurements

	As of
	March 31, 2013						December 31, 2012
	Total		Level 1		Level 2		Total		Level 1		Level 2
	(In thousands)
Cash equivalents (including restricted)	$	446,361	$	9,730	$	436,631	$	533,943	$	23,621	$	510,322
Debt securities:
Corporate bonds	$	642,309	$	—	$	642,309	$	654,096	$	—	$	654,096
VRDNs	65,010		—		65,010		66,145		—		66,145
Other (including restricted)	45,267		—		45,267		46,951		—		46,951
Equity securities - strategic	46,231		46,231		—		56,288		56,288		—
Total marketable investment securities	$	798,817	$	46,231	$	752,586	$	823,480	$	56,288	$	767,192