Investment Securities (Tables)

9 Months Ended

Sep. 30, 2013

Investment Securities

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

	As of
	September 30,		December 31,
	2013		2012
	(In thousands)
Marketable investment securities—current:
Corporate bonds	$	765,006	$	654,096
VRDNs	50,770		66,145
Strategic	28,435		56,288
Other	43,417		39,422
Total marketable investment securities—current	887,628		815,951
Restricted marketable investment securities (1)	5,951		7,529
Total	893,579		823,480
Restricted cash and cash equivalents (1)	9,000		21,516
Other investments—noncurrent:
Cost method	25,977		27,711
Equity method	142,917		155,500
Total other investments—noncurrent	168,894		183,211
Total marketable investment securities, restricted cash and cash equivalents, and other investments	$	1,071,473	$	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 September 30, 2013
Debt securities:
Corporate bonds	$	764,896	$	327	$	(217	)	$	765,006
VRDNs	50,770		—		—			50,770
Other (including restricted)	49,375		4		(11		)	49,368
Equity securities - strategic	15,272		13,500		(337		)	28,435
Total marketable investment securities	$	880,313	$	13,831	$	(565	)	$	893,579
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
	September 30, 2013					December 31, 2012
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
	(In thousands)
Less than 12 months	$	256,380	$	(517	)	$	275,587	$	(288	)
12 months or more	54,907		(48		)	12,963		(19		)
Total	$	311,287	$	(565	)	$	288,550	$	(307	)

Schedule of fair value measurements

	As of
	September 30, 2013						December 31, 2012
	Total		Level 1		Level 2		Total		Level 1		Level 2
	(In thousands)
Cash equivalents (including restricted)	$	680,320	$	48,234	$	632,086	$	533,943	$	23,621	$	510,322
Debt securities:
Corporate bonds	$	765,006	$	—	$	765,006	$	654,096	$	—	$	654,096
VRDNs	50,770		—		50,770		66,145		—		66,145
Other (including restricted)	49,368		—		49,368		46,951		—		46,951
Equity securities - strategic	28,435		28,435		—		56,288		56,288		—
Total marketable investment securities	$	893,579	$	28,435	$	865,144	$	823,480	$	56,288	$	767,192