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Other Investments (Tables)
 12 Months Ended
Dec. 31, 2013
Other Investments  
Summary of investments by fund type

 

 

 
   December 31,  
(in thousands)
Fund Type
  2013   2012  

Private equity and venture capital

   $ 20,298   $ 20,693  

Real estate

     7,646     9,223  

Hedge

     2,733     2,866  

Other

     3,275     3,309  
           
​ ​ ​ ​ ​ ​ ​ ​

Total

   $ 33,952   $ 36,091  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           
Schedule of private equity and alternative investments measured at fair value on a nonrecurring basis

The table below provides information as of December 31, 2013 on private equity and alternative investments measured at fair value on a nonrecurring basis due to the recognition of impairment:

(in thousands)
Fund Type
  Fair
Value		   Unfunded
Commitments		   Redemption
Frequency		   Redemption
Notice
Period

Private equity and venture capital (1)

   $ 662   $ 179   None (2)   N/A

Hedge (3)

     233     —   None (2)   N/A
                 
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total

   $ 895   $ 179        
                 
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                 
(1)
Funds invest in securities and other instruments of public and private companies, including corporations, partnerships, limited liability companies and joint ventures.

(2)
Funds make periodic distributions of income but do not permit redemptions prior to the end of the investment term.

(3)
Fund invests in other hedge funds. Fund is being liquidated and capital returned to investors as the underlying investments are sold or redeemed.