Changes in Accumulated Other Comprehensive Income by Component

6 Months Ended

Jun. 30, 2016

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

As of June 30, 2016 and December 31, 2015, respectively, accumulated other comprehensive income consisted of unrealized gains and losses from our available for sale marketable securities.

The following table provides a summary of changes in accumulated other comprehensive income for the six months ended June 30, 2016:

	Unrealized Gains and Losses on Available for Sale Securities (1)
	For the Six Months Ended June 30,
	2016		2015
Accumulated other comprehensive income — beginning balance	$	543,000	$	25,000
Other comprehensive income before reclassifications	980,000		(15,000		)
Amounts reclassified from accumulated other comprehensive income (2)(3)	153,000		(2,000		)
Net current period change in other comprehensive income	1,133,000		(17,000		)
Accumulated other comprehensive income — ending balance	$	1,676,000	$	8,000

⁽¹⁾  All amounts are net of tax.

⁽²⁾  Realized gains and losses are recorded pre-tax under “Other income - Investment and interest” on our consolidated statements of comprehensive income.

⁽³⁾  For the six months ended June 30, 2016 and 2015, the Company recorded $243,000 and $3,000, respectively, of realized gains from the sale of available for sale securities. Refer to Note 5 herein for further information.