	Other assets consist of the following (in thousands):
		March 31,
		2014		2013
Marketable equity securities		$	4,158	$	4,116
Auction rate preferred securities			350		350
Equity method investments			5,921		5,449
Other items			1,352		320
	Total	$	11,781	$	10,235

In fiscal 2014 and 2013, based on evaluation of available evidence we concluded that certain marketable equity securities had impairment other than temporary. As a result, we realized an impairment loss totaling $7,000 and $1.3 million in each fiscal year, respectively. Available-for-sale investment securities have been stated at their fair value as of March 31, 2014 and include an unrealized gain, net of taxes, of $325,000 at March 31, 2014, and an unrealized gain, net of taxes, of $60,000 at March 31, 2013.

	Available-for-sale investments as of March 31, 2014 and 2013 were as follows (in thousands):

		Fiscal Year 2014						Fiscal Year 2013
		Cost	Gross Unrealized Gains	Gross Unrealized (Losses)	Fair Value	Cost	Gross Unrealized Gains	Gross Unrealized (Losses)	Fair Value

Marketable equity securities		$ 3,658	$ 509	$ (9)	$ 4,158	$ 4,024	$ 109	$ (17)	$ 4,116
Auction rate preferred securities		$ 350	$ -	$ -	$ 350	$ 350	$ -	$ -	$ 350

The available-for-sale investments that were in a continuous unrealized loss position as of March 31, 2014 and March 31, 2013, aggregated by length of time that individual securities have been in a continuous loss position, were as follows (in thousands):

	Less than 12 Months		12 Months or Greater		Total
Period	Gross Unrealized Losses	Fair Value	Gross Unrealized Losses	Fair Value	Gross Unrealized Losses	Fair Value
March 31, 2014	$ -	$ -	$ 9	$ 307	$ 9	$ 307
March 31, 2013	$ 9	$ 27	$ 8	$ 263	$ 17	$ 290

Gross unrealized losses on our available-for-sale portfolio were immaterial to the consolidated balance sheets at March 31, 2014 and March 31, 2013.

During fiscal 2014, we recognized a gain of $155,000 on the sale of available-for-sale investment securities. In respect of those securities, there was an unrealized gain of $88,000 included in accumulated other comprehensive income as of March 31, 2013.

Our equity method investments constitute investments accounted for under the equity method of accounting. See Note 2, “Summary of Significant Accounting Policies” and Note 13, “Related Party Transactions” for further information on these investments.