Investments (Tables)

6 Months Ended

Jun. 30, 2015

Investments, Debt and Equity Securities [Abstract]

Available-for-sale Securities

The cost and carrying value of available-for-sale investments were as follows (in thousands):

June 30, 2015	Cost		Gross Unrealized Gains		Gross Unrealized Losses			Carrying Value
Debt securities: corporate bonds	$	8,361	$	228	$	(26	)	$	8,563
Marketable equity securities	10,649		7,648		(72		)	18,225
Total	$	19,010	$	7,876	$	(98	)	$	26,788

December 31, 2014	Cost		Gross Unrealized Gains		Gross Unrealized Losses			Carrying Value
Debt securities: corporate bonds	$	8,909	$	198	$	(65	)	$	9,042
Marketable equity securities	14,780		7,335		(125		)	21,990
Total	$	23,689	$	7,533	$	(190	)	$	31,032

Investments Classified by Contractual Maturity Date

Actual maturity dates may differ from contractual maturity dates because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties (in thousands):

	June 30, 2015				December 31, 2014
	Amortized Cost		Carrying Value		Amortized Cost		Carrying Value
Due in one year or less	$	3,775	$	3,922	$	3,786	$	3,958
Due after one year through five years	2,685		2,678		3,310		3,255
Due after five years	1,901		1,963		1,813		1,829
	$	8,361	$	8,563	$	8,909	$	9,042

Fair Value, by Balance Sheet Grouping

The Company owned the following investments that are not classified as available-for-sale (in thousands):

	June 30, 2015				December 31, 2014
	Carrying Value		Voting Interest		Carrying Value		Voting Interest
Investment in Synthonics	$	2,170	18.3	%	$	2,170	19.6	%
Investment in Mindjet:
Investment in common stock	$	96	15.0	%	$	6,611	15.0	%
Investment in preferred stock	197		13.4	%	15,858		13.4	%
	$	293	28.4	%	$	22,469	28.4	%
Total	$	2,463			$	24,639