13. Accumulated Other Comprehensive Loss

Following is a summary of the changes in the balances of accumulated other comprehensive loss, which is presented net of tax, as of June 30, 2018:


	Unrealized Gain and
	(Loss) on Available-
	for-Sale Securities
Accumulated other comprehensive loss at December 31, 2017	$	(1,461)
Other comprehensive income before reclassifications		(366)
Amounts reclassified from accumulated other comprehensive loss		1,214
Other comprehensive income		848
Accumulated other comprehensive loss at June 30, 2018	$	(613)

Following is a summary of the tax effects allocated to other comprehensive income (loss) for the three months ended June 30, 2018 and 2017:


	Three Months Ended June 30, 2018
	Before-		Tax (Expense) or		Net-of-
	Tax Amount		Benefit		Tax Amount
Unrealized gain on investments - debt securities:
Unrealized gain on available-for-sale investments	$	321	$	(82)	$	239
Reclassification adjustment for net gain included in earnings		(28)		7		(21)
Net unrealized gain		293		(74)		219
Other comprehensive income	$	293	$	(74)	$	219


	Three Months Ended June 30, 2017
	Before-		Tax (Expense) or		Net-of-
	Tax Amount		Benefit		Tax Amount
Unrealized gain (loss) on investments and restricted investments:
Unrealized gain on available-for-sale investments	$	745	$	(287)	$	458
Unrealized loss on restricted investments		(4)		2		(2)
Reclassification adjustment for net gain included in earnings		(7,739)		3,120		(4,619)
Net unrealized loss		(6,998)		2,835		(4,163)
Other comprehensive loss	$	(6,998)	$	2,835	$	(4,163)

Following is a summary of the tax effects allocated to other comprehensive income (loss) for the six months ended June 30, 2018 and 2017:


	Six Months Ended June 30, 2018
	Before-		Tax Benefit or		Net-of-
	Tax Amount		(Expense)		Tax Amount
Unrealized loss on investments - debt securities and restricted investments:
Unrealized loss on available-for-sale investments	$	(482)	$	123	$	(359)
Unrealized loss on restricted investments		(9)		2		(7)
Reclassification adjustment for net loss included in earnings		1,050		(266)		784
Reclassification adjustment for other-than-temporary impairment loss included in earnings		63		(16)		47
Reclassification into retained earnings for the adoption of ASU 2016-01 (1)		932		(236)		696
Reclassification into retained earnings for the adoption of ASU 2018-02 (2)		—		(313)		(313)
Net unrealized gain		1,554		(706)		848
Other comprehensive income	$	1,554	$	(706)	$	848

(1)

The reclassification into retained earnings relates to the adoption of ASU 2016‑01. The new guidance was effective January 1, 2018, and requires equity investments to be measured at fair value with changes in fair value recognized in results of operations rather than the condensed consolidated statements of comprehensive income. See Note 2. Summary of Significant Accounting Policies.

(2)

The reclassification into retained earnings relates to the adoption of ASU 2018‑02. The new guidance was effective January 1, 2018, and allows a reclassification from accumulated other comprehensive income (loss) to retained earnings for stranded tax effects resulting from the Tax Act. See Note 2. Summary of Significant Accounting Policies.


	Six Months Ended June 30, 2017
	Before-		Tax (Expense) or		Net-of-
	Tax Amount		Benefit		Tax Amount
Unrealized gain on investments:
Unrealized gain on available-for-sale investments	$	4,650	$	(1,789)	$	2,861
Reclassification adjustment for net gain included in earnings		(10,861)		4,183		(6,678)
Reclassification adjustment for other-than-temporary impairment loss included in earnings		366		—		366
Net unrealized loss		(5,845)		2,394		(3,451)
Other comprehensive loss	$	(5,845)	$	2,394	$	(3,451)