Investments

12 Months Ended

Dec. 31, 2012

Investments

6.    Investments:

Available-for-sale securities consisted of the following:

	Adjusted Cost		Gross Unrealized Gain		Gross Unrealized Loss			Fair Value
December 31, 2012
Registered investment companies	$	4,830	$	53	$	—		$	4,883
December 31, 2011
Registered investment companies	$	4,618	$	439	$	—		$	5,057
Equity securities		14		—		(5	)		9
Total available-for-sale securities	$	4,632	$	439	$	(5	)	$	5,066

In addition to the available-for-sale securities above, the Company has equity investments in non-public companies in which the Company acquired non-controlling interests and for which no readily determinable market value exists. These securities were accounted for under the cost method in accordance with ASC 323-10-25, The Equity Method of Accounting for Investments in Common Stock. At December 31, 2012 and 2011, the carrying value of such securities was $5,015 and $3,443, respectively, and has been included in “Other assets” in the accompanying consolidated balance sheets.

Realized (loss) gain on securities, net, including write downs related to other-than-temporary impairments of available-for-sale securities and other assets, was as follows for the years ended December 31:

	2012			2011			2010
Gross realized gain on sale of registered investment securities	$	420		$	803		$	95
Other-than-temporary impairment of registered investment securities		(74	)		(117	)		—
Other-than-temporary impairment of non-controlling interest in non-public companies		(678	)		—			—
Realized (loss) gain on securities, net	$	(332	)	$	686		$	95