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Equity and Other Investments (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Equity and Other Investments

The Company’s equity and other investments consisted of the following (in thousands):

 

     December 31,
2012
     December 31,
2011
 

Equity investment

   $ 12,501       $ 13,210   

Cost investment

     —          1,703   
  

 

 

    

 

 

 

Equity and other investments

   $ 12,501       $ 14,913   
  

 

 

    

 

 

 
Equity and Other Investments

The following table shows the investment activity for each of the Company’s affiliates during 2012, 2011, and 2010.

 

Summary of Investment Activity in Affiliates (in thousands)

 

    Year Ended December 31, 2012     Year Ended December 31, 2011     Year Ended December 31, 2010  
    Scarborough     TRA     Total     Scarborough     TRA     Total     Scarborough     TRA     Total  

Beginning balance

  $ 13,210      $ 1,703      $ 14,913      $ 13,205      $ 5,180      $ 18,385      $ 13,538      $ 3,400      $ 16,938   

Equity in net income

    7,216        —          7,216        7,255        —          7,255        7,092        —          7,092   

Impairment loss

    —          —          —          —          (3,477     (3,477     —          —          —     

Distributions from investee

    (7,925     —          (7,925     (7,250     —          (7,250     (7,425     —          (7,425

Proceeds from sale of investment

    —          (1,466     (1,466     —          —          —          —          —          —     

Receivable from sale of investment

    —          (214     (214     —          —          —          —          —          —     

Loss on sale of investment

    —          (23     (23     —          —          —          —          —          —     

Cash investments

    —          —          —          —          —          —          —          1,780        1,780   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ending balance

  $ 12,501      $ —        $ 12,501      $ 13,210      $ 1,703      $ 14,913      $ 13,205      $ 5,180      $ 18,385