Marketable Securities

6 Months Ended

Jun. 30, 2014

Marketable Securities [Abstract]

Marketable Securities

5. Marketable Securities

Below is a summary of our marketable securities portfolio as of June 30, 2014 and December 31, 2013.

(Amounts in thousands)		As of June 30, 2014						As of December 31, 2013
				GAAP		Unrealized				GAAP		Unrealized
		Fair Value		Cost		Gain		Fair Value		Cost		Gain
Equity securities:
	Lexington Realty Trust	$	203,344	$	72,549	$	130,795	$	188,567	$	72,549	$	116,018
	Other		3,573		56		3,517		3,350		59		3,291
		$	206,917	$	72,605	$	134,312	$	191,917	$	72,608	$	119,309

On March 4, 2013, we sold 10,000,000 J.C. Penney common shares at a price of $16.03 per share, or $160,300,000 in the aggregate, resulting in a net loss of $36,800,000, which is included in “net gain (loss) on disposition of wholly owned and partially owned assets” on our consolidated statements of income for the six months ended June 30, 2013.