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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2012
Fair Value Disclosures [Abstract]  
Schedule of assets measured at fair value on a recurring basis
The Company’s assets that are measured at fair value on a recurring basis, at December 31, 2012 and 2011, consist of the following:
 
 
 
Fair Value Measurements at Reporting Date Using
At December 31, 2012
Fair Value
 
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
Unrestricted
 
 
 
 
 
Available-for-sale marketable securities:
 
 
 
 
 
U.S. government and government agency obligations
$
328,146

 
 
 
$
328,146

Municipal bonds
17,510

 
 
 
17,510

Equity security
3,393

 
$
3,393

 
 
 
349,049

 
3,393


345,656

 
 
 
 
 
 
Restricted
 
 
 
 
 
Available-for-sale marketable securities:
 
 
 
 
 
U.S. government obligations
5,909

 
 
 
5,909

 
$
354,958

 
$
3,393

 
$
351,565

 
 
 
 
 
 
At December 31, 2011
 
 
 
 
 
Unrestricted
 
 
 
 
 
Available-for-sale marketable securities:
 
 
 
 
 
U.S. government and government agency obligations
$
284,819

 
 
 
$
284,819

U.S. government guaranteed corporate bonds
15,317

 
 
 
15,317

U.S. government guaranteed collateralized mortgage obligations
623

 
 
 
623

Municipal bonds
15,326

 
 
 
15,326

Mortgage-backed securities
115

 
 
 
115

Equity security
3,019

 
$
3,019

 
 
 
319,219

 
3,019

 
316,200

 
 
 
 
 
 
Restricted
 
 
 
 
 
Available-for-sale marketable securities:
 
 
 
 
 
U.S. government obligations
5,940

 
 
 
5,940

 
$
325,159

 
$
3,019

 
$
322,140