Marketable Securities

12 Months Ended

Dec. 31, 2013

Investments, Debt and Equity Securities [Abstract]

Marketable Securities

Note 5—Marketable Securities

The following is a summary of marketable securities:

(in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Available-for-sale securities:
December 31, 2013:
Marketable securities	$	—	$	—	$	—		$	—
December 31, 2012:
Corporate debt securities	$	10,500	$	35	$	(50	)	$	10,485

Proceeds from maturities of available-for-sale securities in the years ended December 31, 2013 and 2012 were $10.4 million and $1.0 million, respectively. There were no realized gains or losses from sales of available-for-sale securities in the years ended December 31, 2013 and 2012. The Company did not have any marketable securities in the five months ended December 31, 2011 and 2010 (unaudited) and the year ended July 31, 2011.

The following available-for-sale securities were in an unrealized loss position for which other-than-temporary impairments had not been recognized:

(in thousands)	Unrealized Losses		Fair Value
December 31, 2012:
Corporate debt securities	$	50	$	2,500

At December 31, 2012, there were no securities in a continuous unrealized loss position for 12 months or longer.