Note 5.Other Comprehensive Income (Loss) and Related Tax Effects

We have not recognized any tax effects on foreign currency translation adjustments because they are not expected to result in future taxable income or deductions. We have not recognized any tax effects on unrealized gains or losses on marketable investment securities because such gains or losses would affect the amount of existing capital loss carryforwards for which the related deferred tax asset has been fully offset by a valuation allowance.

Accumulated other comprehensive loss includes cumulative foreign currency translation losses of $124.3 million, $63.8 million and $32.1 million as of December 31, 2015, 2014 and 2013, respectively.

Reclassifications out of accumulated other comprehensive loss for the years ended December 31, 2015, 2014 and 2013 were as follows:

	Affected Line Item in our
	Condensed Consolidated	For the Years Ended December 31,
Accumulated Other Comprehensive Loss Components	Statement of Operations	2015			2014			2013
		(In thousands)
Recognition of realized gains on marketable investment securities in net income (1)	Gains (losses) on marketable investment securities, net	$	(35	)	$	(41	)	$	(36,312	)
Recognition of other-than-temporary impairment loss on marketable investment securities in net income (2)	Other-than-temporary impairment loss on marketable investment securities	11,226			—			—
Recognition of foreign currency translation losses in net income (3)	Other, net	1,889			—			—

Total reclassifications, net of tax and noncontrolling interests		$	13,080		$	(41	)	$	(36,312	)

(1)

When marketable investment securities are sold, the related unrealized gains and losses that were previously recognized in other comprehensive income (loss) are reclassified and recognized as Gains (losses) on marketable investment securities, net, in our consolidated statement of operations and comprehensive income (loss).

(2)

In June 2015, September 2015 and December 2015, we recorded other-than-temporary impairment losses on shares of certain common stock included in our strategic equity securities. See Note 6 for further discussion.

(3)

As a result of the deconsolidation of several of our European subsidiaries in connection with our investment in SmarDTV SA in May 2015, the related cumulative translation adjustments that were previously recognized in other comprehensive income (loss) were reclassified and recognized as a loss within “Other income (expense)” in our consolidated statement of operations and comprehensive income (loss). See Note 6 for further discussion.