Investments

6 Months Ended

Jun. 30, 2014

Investments [Abstract]

Investments

NOTE 4 – INVESTMENTS

Our available for sale securities consist of investments not classified as trading securities or as held-to-maturity. Our investments are classified as “Other assets” on our consolidated balance sheet.

As of June 30, 2014, we had the following available-for-sale investments outstanding: 

	Cost		Gross		Gross
	Basis		Unrealized Gains		Unrealized Losses		Fair Value
Available-for-sale securities:
Equities	$	3,596		475		40		4,031
Mutual funds		10,914		622		6		11,530
Exchange traded funds		2,924		444		-		3,368
Total for available-for-sale securities	$	17,434	$	1,541	$	46	$	18,929

As of December 31, 2013, we had the following available-for-sale investments outstanding.

	Cost		Gross		Gross
	Basis		Unrealized Gains		Unrealized Losses		Fair Value
Available-for-sale securities:
Equities	$	3,647		361		41		3,967
Mutual funds		11,339		320		20		11,639
Exchange traded funds		2,924		217		1		3,140
Total for available-for-sale securities	$	17,910	$	898	$	62	$	18,746

During the six months ended June 30, 2014 we received $0.9 million in proceeds from the sale of available-for-sale securities with a realized loss of less than $0.1 million.

We evaluate securities for other than temporary impairment on a quarterly basis and more frequently when economic or market concerns warrant such an evaluation. We have evaluated the unrealized losses above and have determined that these losses do not represent an other than temporary impairment.