XML 20 R13.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Equity and Other Investments
6 Months Ended
Jun. 30, 2011
Equity and Other Investments [Abstract]  
Equity and Other Investments
8. Equity and Other Investments
     The Company’s equity and other investments as of June 30, 2011, and December 31, 2010, consist of the following (in thousands):
                 
    June 30, 2011     December 31, 2010  
Scarborough
  $ 12,076     $ 13,205  
 
               
TRA preferred stock
    5,180       5,180  
 
           
 
               
Equity and other investments
  $ 17,256     $ 18,385  
 
           
     The Company’s 49.5% investment in Scarborough Research (“Scarborough”), a Delaware general partnership, is accounted for using the equity method of accounting. The Company’s investment in TRA Global, Inc. (“TRA”) is accounted for using the cost method of accounting. See Note 15 Financial Instruments for further information regarding the Company’s investment in TRA as of June 30, 2011.
     The following table shows the investment activity and balances for each of the Company’s investments and in total for the three-and six-month periods ended June 30, 2011, and 2010 (in thousands):
                                                 
    Three Months Ended     Three Months Ended  
    June 30, 2011     June 30, 2010  
    Scarborough     TRA     Total     Scarborough     TRA     Total  
         
Beginning balance
  $ 8,023     $ 5,180     $ 13,203     $ 8,057     $ 3,400     $ 11,457  
Investment income
    5,453             5,453       5,642             5,642  
Distributions from investee
    (1,400 )           (1,400 )     (1,700 )           (1,700 )
Cash investments
                            1,780       1,780  
         
Ending balance at June 30
  $ 12,076     $ 5,180     $ 17,256     $ 11,999     $ 5,180     $ 17,179  
         
                                                 
    Six Months Ended     Six Months Ended  
    June 30, 2011     June 30, 2010  
    Scarborough     TRA     Total     Scarborough     TRA     Total  
         
Beginning balance
  $ 13,205     $ 5,180     $ 18,385     $ 13,538     $ 3,400     $ 16,938  
Investment income
    2,921             2,921       3,111             3,111  
Distributions from investee
    (4,050 )           (4,050 )     (4,650 )           (4,650 )
Cash investments
                            1,780       1,780  
         
Ending balance at June 30
  $ 12,076     $ 5,180     $ 17,256     $ 11,999     $ 5,180     $ 17,179