Investments

12 Months Ended

Jun. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Investments

Investments

Preferred stock investments as of June 30, 2013 consisted of securities with a fair value of $13.2 million in an unrealized gain position and securities with a fair value of $7.3 million in an unrealized loss position. Preferred stock investments as of June 30, 2012 consisted of securities with a fair value of $16.5 million in an unrealized gain position and securities with a fair value of $2.9 million in an unrealized loss position.

The following tables show gross unrealized losses (although such losses have been recognized in the consolidated statements of operations) and fair value for those investments that were in an unrealized loss position as of June 30, 2013 and 2012, aggregated by the length of time those investments have been in a continuous loss position:

	June 30, 2013
	Less than 12 Months					Total
(In thousands)	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Preferred stock	$	5,391	$	(161	)	$	7,318	$	(228	)
	June 30, 2012
	Less than 12 Months					Total
(In thousands)	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Preferred stock	$	1,750	$	(16	)	$	2,891	$	(40	)