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Investments
6 Months Ended
Jun. 30, 2013
Investments

NOTE 6—Investments:

The carrying value of our unconsolidated investment in Stannica LLC, a variable interest entity for which we are not the primary beneficiary, was $6.0 million and $6.6 million at June 30, 2013 and December 31, 2012, respectively. Our maximum exposure to loss in connection with our continuing involvement with Stannica LLC is limited to our investment carrying value.

Additionally, during the six months ended June 30, 2012, we and our joint venture partner each advanced $10.0 million to our 50%-owned joint venture, SOCC, pursuant to a long-term loan arrangement.