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Investments (Tables)
6 Months Ended
Jun. 30, 2013
Investments, Debt and Equity Securities [Abstract]  
Available-for-sale Securities
The following tables report the cost and carrying value of available-for-sale investments at June 30, 2013 and December 31, 2012 (in thousands):
June 30, 2013
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Carrying
Value
Debt securities:
 
 
 
 
 
 
 
Corporate bonds
$
6,837

 
$
240

 
$
(32
)
 
$
7,045

Marketable equity securities
30,492

 
9,452

 
(427
)
 
39,517

Total
$
37,329

 
$
9,692

 
$
(459
)
 
$
46,562


December 31, 2012
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Carrying
Value
Debt securities:
 
 
 
 
 
 
 
Corporate bonds
$
7,758

 
$
324

 
$
(56
)
 
$
8,026

Marketable equity securities
33,847

 
7,212

 
(621
)
 
40,438

Total
$
41,605

 
$
7,536

 
$
(677
)
 
$
48,464


Schedule of Unrealized Loss on Investments
The following tables summarize the market value of those investments in an unrealized loss position for periods less than or greater than 12 months (in thousands):
 
June 30, 2013
 
December 31, 2012
Less than 12 months
Fair Value
 
Gross
Unrealized
Loss
 
Fair Value
 
Gross
Unrealized
Loss
Debt securities:
 
 
 
 
 
 
 
Corporate bonds
$
2,239

 
$
32

 
$
768

 
$
12

Marketable equity securities
2,727

 
277

 
5,193

 
615

Total
$
4,966

 
$
309

 
$
5,961

 
$
627


 
June 30, 2013
 
December 31, 2012
Greater than 12 months
Fair Value
 
Gross
Unrealized
Loss
 
Fair Value
 
Gross
Unrealized
Loss
Debt securities:
 
 
 
 
 
 
 
Corporate bonds


 


 
$
2,204

 
$
44

Marketable equity securities
$
1,609

 
$
150

 
45

 
6

Total
$
1,609

 
$
150

 
$
2,249

 
$
50