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Unrealized Gain on Investments | 6 Months Ended
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Jun. 30, 2011
Unrealized Gain on Investments |
Unrealized Gain on Investments |
Note 4. Unrealized Gain on Investments In June 2011, we acquired 1,000,000 shares of Five Star common stock in Five Star’s public offering of 11,500,000 shares of common stock for an aggregate purchase price of $5,000. On June 30, 2011, we owned 250,000 common shares of CommonWealth REIT, or CWH, and 4,235,000 common shares of Five Star, which are carried at fair market value in other assets in our condensed consolidated balance sheets. Cumulative other comprehensive income shown in our condensed consolidated balance sheets includes the unrealized gain on investments determined as the net difference between the value at quoted market prices of our CWH and Five Star shares on June 30, 2011 ($25.84 and $5.81 per share, respectively) and our weighted average costs on the dates we acquired these shares ($26.00 and $3.36 per share, respectively).

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