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Accumulated Other Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Income
The following table presents changes in Accumulated other comprehensive income, net of tax by component for the years ended December 31, 2015, 2014 and 2013 (in thousands):
 
 
Unrealized Gains (Losses) on Available-for-Sale Securities
 
Foreign Currency Translation Adjustments
 
Total
Balance January 1, 2013
 
$
114,319

 
$
—

 
$
114,319

Other Comprehensive Income
 
13,689

 
1,365

 
15,054

Amount reclassified from Accumulated Other Comprehensive Income
 
(127,972
)
 
—

 
(127,972
)
Net current-period other comprehensive (loss) income
 
(114,283
)
 
1,365

 
(112,918
)
Balance, December 31, 2013
 
36

 
1,365

 
1,401

Other comprehensive income
 
316

 
416

 
732

Balance, December 31, 2014
 
352

 
1,781

 
2,133

Other comprehensive income
 
106

 
(1,581
)
 
(1,475
)
Amount reclassified from Accumulated Other Comprehensive Income
 
(308
)
 
—

 
(308
)
Net current-period other comprehensive loss
 
(202
)
 
(1,581
)
 
(1,783
)
Balance, December 31, 2015
 
$
150

 
$
200

 
$
350
Effects of Reclassifications out of Accumulated Other Comprehensive Income
The following table presents the effects of reclassifications out of Accumulated Other Comprehensive Income and into the Consolidated Statements of Operations (in thousands):
For the year ended December 31, 2013
 
Amounts Reclassified from Other Comprehensive Income
 
Affected Line Item in the Consolidated Statement of Operations where Net Income is Presented
Accumulated Other Comprehensive Income Components
 
 
Available-for-sale securities:
 
 
 
 
Reclassification of unrealized net gains
 
(127,972
)
 
Investment income and other, net
Related income tax expense
 
48,629

 
Income tax expense
 
 
$
(79,343
)
 
Net of tax
As a result of the Mergers, the Company recorded a non-cash gain of $128.0 million on its investment in Knight Common Stock, which it recognized within Investment income and other, net on the Consolidated Statements of Operations for the year ended December 31, 2013 and reversed any previous unrealized gains out of Other comprehensive income.
For the year ended December 31, 2015
 
Amounts Reclassified from Other Comprehensive Income
 
Affected Line Item in the Consolidated Statement of Operations where Net Income is Presented
Accumulated Other Comprehensive Income Components
 
 
Available-for-sale securities:
 
 
 
 
Reclassification of unrealized net gains
 
(497
)
 
Investment income and other, net
Related income tax expense
 
189

 
Income tax expense
 
 
$
(308
)
 
Net of tax