Changes in Accumulated Other Comprehensive Income by Component

9 Months Ended

Sep. 30, 2014

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Changes in Accumulated Other Comprehensive Income by Component

Changes in Accumulated Other Comprehensive Income by Component

U.S. GAAP establishes standards for presenting information about significant items reclassified out of accumulated other comprehensive income by component. As of September 30, 2014 and December 31, 2013, respectively, we generated other comprehensive income from one component. This component relates to the unrealized gains and losses from our available for sale marketable securities during a given reporting period.

The following table provides a summary of changes in accumulated other comprehensive income for the nine months ended September 30, 2014:

	Unrealized Gains and Losses on Available for Sale Securities (1)
Accumulated other comprehensive income — December 31, 2013	$	49,000
Other comprehensive income before reclassifications	(1,000		)
Amounts reclassified from accumulated other comprehensive income (2)(3)	4,000
Net current period change in other comprehensive income	3,000
Accumulated other comprehensive income — September 30, 2014	$	52,000

(1) All amounts are net of tax.

(2) Realized gains and losses are recorded pre-tax in the other income - investment and interest caption on our consolidated statements of comprehensive income.

(3) For the nine months ended September 30, 2014, the Company recorded $7,000 of realized gains from the sale of available for sale securities. Refer to Note 5 herein for further information.