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Investment income
9 Months Ended
Sep. 30, 2014
Investments, Debt and Equity Securities [Abstract]  
Investment income
Investment income. Gross realized investment and other gains and losses follows:
 
For the Three Months Ended 
 September 30,
 
For the Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
 
($000 omitted)
Realized gains
1,722

 
1,409

 
2,429

 
5,309

Realized losses
(55
)
 
(552
)
 
(1,286
)
 
(7,636
)
 
1,667

 
857

 
1,143

 
(2,327
)

Expenses assignable to investment income were insignificant. There were no significant investments as of September 30, 2014 that did not produce income during the year.
For the nine months ended September 30, 2014, investment and other gains (losses) – net included realized gains of $1.1 million from the sale of debt and equity investments available-for-sale, a realized gain of $0.8 million on the sale of a title plant, partially offset by a $1.1 million non-cash charge relating to office closure costs.
For the nine months ended September 30, 2013, investment and other (losses) gains – net included a $5.4 million non-cash charge relating to the early retirement of convertible senior notes and a $1.5 million loss on the sale of an equity investment partially offset by realized gains of $2.5 million from sale of debt and equity investments available-for-sale and a $1.7 million gain on non-title-related insurance policy proceeds.
Proceeds from the sale of investments available-for-sale follows: 
 
For the Three Months Ended 
 September 30,
 
For the Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
 
($000 omitted)
Proceeds from sale of investments available-for-sale
30,105

 
19,256

 
44,580

 
49,345