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Investments
12 Months Ended
Dec. 31, 2011
Investments
(2)   Investments
 
As of December 31, 2011 and 2010, we held certain investments that were required to be measured for disclosure purposes at fair value on a recurring basis. These investments were considered Level 2 investments. We consider as current assets those investments which will mature in the next 12 months. The remaining investments are considered non-current assets. The amortized cost and fair value of our investments that are being accounted for as held-to-maturity securities, and the related gross unrealized gains and losses, were as follows as of the dates shown below ( in thousands):

         
Gross Unrealized
     
   
Cost
 
Gains
 
Losses
 
Fair value
As of December 31, 2011:
                       
Short-term Investments:
                       
Corporate bonds
  $ 20,279     $ 44     $ 8     $ 20,315  
                                 
Long-term Investments:
                               
Corporate bonds
  $ 10,336           $ 55     $ 10,281  
                                 
As of December 31, 2010:
                               
Short-term Investments:
                               
Corporate bonds
  $ 10,715     $ 178           $ 10,893  
Long-term Investments:
                               
Corporate bonds
  $ 20,291     $ 602           $ 20,893  
 
At December 31, 2011, the length of time until maturity of these securities ranged from three to 34 months.