Investments and Derivative Instruments (Tables)

6 Months Ended

Dec. 31, 2012

Investments, Fair Value and Derivatives [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured and recorded at fair value on a recurring basis were as follows (in thousands): 

As of December 31, 2012 (Unaudited)	Total		Level 1		Level 2		Level 3
Preferred stock(1)	$	20,507	$	15,408	$	5,099	$	—
Futures, options and other derivative assets(1)	$	63	$	—	$	63	$	—
Derivative liabilities(2)	$	2,710	$	—	$	2,710	$	—
Derivative liabilities—interest rate swap	$	40	—		40		—
As of June 30, 2012	Total		Level 1		Level 2		Level 3
Preferred stock(1)	$	19,395	$	14,078	$	5,317	$	—
Futures, options and other derivative assets(1)	$	1,626	$	—	$	1,626	$	—
Derivative liabilities(2)	$	410	$	—	$	410	$	—

____________________

(1) Included in "Short-term investments" on the consolidated balance sheets.

(2) Included in "Accounts payable" on the consolidated balance sheets.

Gain (Loss) on Investments

Gains and losses, both realized and unrealized, on derivatives and investments, are included in "Other, net" in the consolidated statements of operations and in "Net loss on derivatives and investments" in the consolidated statements of cash flows. Net realized and unrealized gains and losses on derivatives and investments are as follows:

	Three Months Ended						Six Months Ended
	December 31,						December 31,
	2012			2011			2012			2011
(In thousands)	(Unaudited)						(Unaudited)
Coffee-related derivatives:
Unrealized gains	$	—		$	1,721		$	—		$	1,405
Unrealized losses	(6,658		)	—			(5,512		)	(2,424		)
Realized gains	—			22			—			81
Realized losses	(1,201		)	(2,208		)	(1,644		)	(3,220		)
Net realized and unrealized coffee-related derivative losses	(7,859		)	(465		)	(7,156		)	(4,158		)
Net realized and unrealized gains from investments	59			837			158			1,908
Net unrealized losses from interest rate swap	(40		)	—			(40		)	—
Net (losses) gains on derivatives and investments	(7,840		)	372			(7,038		)	(2,250		)
Net (losses) gains on sales of assets	(11		)	564			3,202			662
Other gains, net	195			844			1,125			961
Other, net	$	(7,656	)	$	1,780		$	(2,711	)	$	(627	)

Trading Securities, Continuous Unrealized Loss Position, Fair Value

The following tables show gross unrealized losses (although such losses have been recognized in the consolidated statements of operations) and fair values for those investments that were in an unrealized loss position as of December 31, 2012 and June 30, 2012, aggregated by the length of time those investments have been in a continuous loss position: 

	December 31, 2012 (Unaudited)
	Less than 12 Months					12 Months and Greater					Total
(In thousands)	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Preferred stock	$	2,615	$	(20	)	$	1,348	$	(57	)	$	3,963	$	(77	)
	June 30, 2012
	Less than 12 Months					12 Months and Greater					Total
(In thousands)	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Preferred stock	$	1,750	$	(16	)	$	1,141	$	(24	)	$	2,891	$	(40	)