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Investments (Tables)
3 Months Ended
Mar. 31, 2017
Investments [Abstract]  
Investments in Marketable Equity Securities
Investments in marketable equity securities comprised the following:
  
As of
  
March 31,
2017
 
December 31,
2016
(in thousands)
 
Total cost
$
269,343

 
$
269,343

Gross unrealized gains
164,444

 
154,886

Total Fair Value
$
433,787

 
$
424,229