INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 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):

December 31, 2015	Cost		Gross Unrealized  Gains		Gross Unrealized  Losses			Carrying Value
Debt securities: corporate bonds	$	4,458	$	46	$	(51	)	$	4,453
Marketable equity securities	10,339		7,879		(81		)	18,137
Total	$	14,797	$	7,925	$	(132	)	$	22,590

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

The amortized cost and carrying value of investments in debt securities, by contractual maturity, are shown below. 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):

	December 31, 2015				December 31, 2014
	Amortized Cost		Carrying Value		Amortized Cost		Carrying Value
Due in one year or less	$	38	$	37	$	3,786	$	3,958
Due after one year through five years	2,603		2,566		3,310		3,255
Due after five years	1,817		1,850		1,813		1,829
	$	4,458	$	4,453	$	8,909	$	9,042

Realized Gain (Loss) on Investments

Included in other income, net in the accompanying consolidated financial statements is the pre-tax net realized gain or loss on investments (in thousands):

	Year Ended December 31,
	2015			2014			2013
Gross realized gains:
Debt securities	$	419		$	7		$	3
Equity securities and other investments	1,010			5,545			24,110
Total gain	1,429			5,552			24,113
Gross realized losses:
Debt securities	(4		)	(116		)	(152		)
Equity securities and other investments (1)	(21,020		)	(1,781		)	(319		)
Total loss	(21,024		)	(1,897		)	(471		)
Net realized gain (loss)	$	(19,595	)	$	3,655		$	23,642

⁽¹⁾ Included within this caption for the years ended December 31, 2015, and 2014, is $20.7 million and $1.1 million, respectively, that is reported in a separate line, impairment loss on unconsolidated affiliate, within the Company’s consolidated statements of operations and comprehensive income or loss for the years then ended.

Schedule of Cost and Equity Method Investments

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

	December 31, 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	$	—	19.3	%	$	6,611	15.0	%
Investment in preferred stock	1,312				15,858		13.4	%
	$	1,312	19.3	%	$	22,469	28.4	%
Total	$	3,482			$	24,639