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Other Non-Operating Income (Expense)
 6 Months Ended
Jun. 30, 2014
Other Nonoperating Income (Expense) [Abstract]  
Other Non-Operating Income (Expense)
OTHER NON-OPERATING INCOME (EXPENSE)
A summary of non-operating income (expense) is as follows:
 
Three Months Ended 
 June 30
 
Six Months Ended 
 June 30
(in thousands)
2014
 
2013
 
2014
 
2013
Gain on Berkshire marketable equity securities exchange
$
266,733

 
$
—

 
$
266,733

 
$
—

Gain on sale of headquarters building
—

 
—

 
127,670

 
—

Foreign currency gain (loss), net
2,909

 
(12,622
)
 
7,946

 
(17,236
)
(Losses) gains on sales or write-downs of marketable equity securities
(2,259
)
 
337

 
(3,044
)
 
879

Other, net
731

 
(573
)
 
2,082

 
(584
)
Total Other Non-Operating Income (Expense)
$
268,114

 
$
(12,858
)
 
$
401,387

 
$
(16,941
)

On June 30, 2014, the Company completed a transaction with Berkshire Hathaway, as described in Note 4 that included the exchange of 2,107 Class A Berkshire shares and 1,278 Class B Berkshire shares owned by the Company; a $266.7 million gain was recorded.
On March 27, 2014, the Company completed the sale of its headquarters building for approximately $158 million. In connection with the sale, the Company recorded a $127.7 million pre-tax gain in the first quarter of 2014. The headquarters building is used primarily by The Washington Post newspaper, which was sold by the Company in October 2013.