3. Investments

Fixed-Maturity and Equity Securities Investments

The following tables provide information relating to investments in fixed-maturity and equity securities:


			Unrealized		Unrealized
December 31, 2020	Cost		Gains		Losses		Fair Value
	(Amounts in thousands)
Equity securities
Common stock and common stock options	$	9,577	$	1,119	$	(2,300)	$	8,396
Preferred stock		4,709		1,757		(1,593)		4,873
Total equity securities	$	14,286	$	2,876	$	(3,893)	$	13,269


	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Fixed-maturity securities
Corporate debt	$	13,880	$	443	$	(1,430)	$	12,893
Total fixed-maturity securities	$	13,880	$	443	$	(1,430)	$	12,893


			Unrealized		Unrealized
June 30, 2020	Cost		Gains		Losses		Fair Value
	(Amounts in thousands)
Equity securities
Common stock and common stock options	$	6,746	$	203	$	(2,460)	$	4,489
Preferred stock		2,883		—		—		2,883
Total equity securities	$	9,629	$	203	$	(2,460)	$	7,372


	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Fixed-maturity securities
Corporate debt	$	26,594	$	455	$	(5,620)	$	21,429
Total fixed-maturity securities	$	26,594	$	455	$	(5,620)	$	21,429

During the three months ended December 31, 2020, we reported unrealized gains on equity securities, net, of $2,285,000 within our consolidated statements of operations. During the three months ended December 31, 2019, we reported unrealized losses on equity securities, net, of $627,000 within our consolidated statements of operations. During the three months ended December 31, 2020 and 2019, we reported $876,000 and $843,000 realized gains on the sale of debt and equity securities within our consolidated statements of operations, respectively.

During the six months ended December 31, 2020, we reported unrealized gains on equity securities, net, of $1,240,000 within our consolidated statements of operations. During the six months ended December 31, 2019, we reported unrealized losses on equity securities, net, of $158,000 within our consolidated statements of operations. During the six months ended December 31, 2020 and 2019, we reported $1,408,000 and $1,919,000 realized gains on the sale of debt and equity securities within our consolidated statements of operations, respectively.

Maturities of Fixed-Maturity Securities Available-for-Sale

The amortized cost and fair values of fixed-maturity securities available for sale as of December 31, 2020 are shown by contractual maturity in the table below. Actual maturities can differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

Fixed-Maturity Securities


	Amortized
	Cost		Fair Value
	(Amounts in thousands)
Due after one year through three years	$	5,698	$	4,268
Due after three years through five years		—		—
Due after five years through ten years		8,182		8,625
Total fixed-maturity securities	$	13,880	$	12,893