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Unrealized Gain / Loss on Investments | 6 Months Ended
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Jun. 30, 2015
Unrealized Gain / Loss on Investments |
Unrealized Gain / Loss on Investments | Note 4. Unrealized Gain / Loss on Investments As of June 30, 2015, we owned 4,235,000 common shares of Five Star which are carried at fair market value in other assets on our condensed consolidated balance sheets. Cumulative other comprehensive income shown in our condensed consolidated balance sheets includes the net unrealized gain or loss on investments determined as the net difference between the value at quoted market prices of our Five Star shares as of June 30, 2015 ($4.80 per share) and our weighted average costs at the time we acquired these shares, as adjusted to reflect any share splits or combinations ($3.36 per share). We previously owned 250,000 common shares of Equity Commonwealth (formerly known as CommonWealth REIT), or EQC. We sold all 250,000 of our EQC common shares in May 2015 for net proceeds of $6,571. We recognized a gain on the sale of these shares in the amount of $71 during the second quarter of 2015, which is included in interest and other income in our condensed consolidated statements of comprehensive income.

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