Investments in Equity Securities Available for Sale (Tables)

9 Months Ended

Sep. 30, 2017

Schedule of Available-for-sale Securities [Line Items]

Schedule of Investments in Equity Securities

At September 30, 2017 and December 31, 2016, investments in equity securities were as follows:



(In thousands)	Cost		Gross Unrealized					Fair Value		Carrying Value
(In thousands)	Cost		Gains		Losses			Fair Value		Carrying Value
September 30, 2017
Common stocks	$	83,709	$	339,297	$	(3,486	)	$	419,520	$	419,520
Preferred stocks	125,076		71,147		(1,718		)	194,505		194,505
Total	$	208,785	$	410,444	$	(5,204	)	$	614,025	$	614,025
December 31, 2016
Common stocks	$	94,998	$	351,906	$	(1,046	)	$	445,858	$	445,858
Preferred stocks	125,589		101,392		(3,639		)	223,342		223,342
Total	$	220,587	$	453,298	$	(4,685	)	$	669,200	$	669,200

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References + Details