XML 92 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investments (Tables)
6 Months Ended
Jun. 30, 2012
Summary of Investments

At June 30, 2012 and December 31, 2011, investments were as follows:

 

     June 30, 2012  
     Cost /
Amortized
Cost
     Gross
Unrealized
Gains
     Gross
Unrealized
Losses
    Fair Value  
     (In thousands)  

Debt securities:

          

Corporate obligations

   $ 15,451       $ 124       $ (3   $ 15,572   

Mortgage/asset-backed securities

     68         10         0        78   

Private debt obligations (a)

     1,716         11,647         0        13,363   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total debt securities

     17,235         11,781         (3     29,013   

Equity securities

     4         8         0        12   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total investments

   $ 17,239       $ 11,789       $ (3   $ 29,025   
  

 

 

    

 

 

    

 

 

   

 

 

 

 

     December 31, 2011  
     Cost /
Amortized
Cost
     Gross
Unrealized
Gains
     Gross
Unrealized
Losses
    Fair Value  
     (In thousands)  

Debt securities:

          

Corporate obligations

   $ 20,747       $ 158       $ (39   $ 20,866   

Mortgage/asset-backed securities

     101         10         0        111   

Private debt obligations (a)

     1,742         9,700         (2     11,440   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total debt securities

     22,590         9,868         (41     32,417   

Equity securities

     4         7         0        11   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total investments

   $ 22,594       $ 9,875       $ (41   $ 32,428   
  

 

 

    

 

 

    

 

 

   

 

 

 

 

(a) Through December 31, 2009, certain private debt obligations experienced other-than-temporary losses and $13.2 million of impairments were recorded. Unrealized gains of private debt obligations are stated as the difference between their fair value and cost basis, net of impairment.
Contractual Maturities of Debt Securities Classified as Available-for-Sale

At June 30, 2012, the contractual maturities of debt securities classified as available-for-sale were as follows:

 

     June 30, 2012  
     Cost      Fair Value  
     (In thousands)  

Due in one year or less

   $ 15,032       $ 15,156   

Due after one year through five years

     436         529   

Due after five years through ten years

     920         5,839   

Due after ten years

     779         7,411   

Mortgage/asset-backed securities

     68         78   
  

 

 

    

 

 

 

Total

   $ 17,235       $ 29,013