Investments (Tables)

6 Months Ended

Jun. 30, 2014

Investments, Debt and Equity Securities [Abstract]

The following tables report the cost and carrying value of available-for-sale investments at June 30, 2014, and December 31, 2013 (in thousands):



June 30, 2014	Cost		Gross Unrealized Gains		Gross Unrealized Losses			Carrying Value
Debt securities: corporate bonds	$	12,162	$	307	$	(129	)	$	12,340
Marketable equity securities	25,492		11,133		(86		)	36,539
Total	$	37,654	$	11,440	$	(215	)	$	48,879



December 31, 2013	Cost		Gross Unrealized Gains		Gross Unrealized Losses			Carrying Value
Debt securities: corporate bonds	$	8,988	$	213	$	(29	)	$	9,172
Marketable equity securities	31,023		10,835		(450		)	41,408
Total	$	40,011	$	11,048	$	(479	)	$	50,580

Schedule of Unrealized Loss on Investments

The following tables summarize the market value of those investments in an unrealized loss position for periods less than or greater than 12 months (in thousands):



	June 30, 2014				December 31, 2013
Less than 12 months	Fair Value		Gross Unrealized Loss		Fair Value		Gross Unrealized Loss
Debt securities: corporate bonds	$	5,201	$	129
Marketable equity securities	200		13		$	4,453	$	254
Total	$	5,401	$	142	$	4,453	$	254



	June 30, 2014				December 31, 2013
Greater than 12 months	Fair Value		Gross Unrealized Loss		Fair Value		Gross Unrealized Loss
Debt securities: corporate bonds					$	5,744	$	29
Marketable equity securities	$	692	$	73	2,368		196
Total	$	692	$	73	$	8,112	$	225

Investments Classified by Contractual Maturity Date [Table Text Block]

Actual maturity dates may differ from contractual maturity dates because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties (in thousands):



	June 30, 2014				December 31, 2013
	Amortized Cost		Carrying Value		Amortized Cost		Carrying Value
Due in one year or less	$	1,961	$	1,961	$	68	$	68
Due after one year through five years	7,864		7,981		5,981		6,178
Due after five years	2,337		2,398		2,939		2,926
	$	12,162	$	12,340	$	8,988	$	9,172

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References+ Details