XML 17 R10.htm IDEA: XBRL DOCUMENT v2.4.0.8
Marketable Securities
 9 Months Ended
Sep. 30, 2013
Marketable Securities [Abstract]  
Marketable Securities
Note 3—Marketable Securities
 
 The following is a summary of marketable securities:
 
   
Amortized Cost
    
Gross Unrealized Gains
    
Gross Unrealized Losses
    
Fair Value
  
   
(in thousands)
  
Available-for-sale securities:
                        
September 30, 2013:
                        
Corporate debt securities
   $ 401     $ —     $ —     $ 401  
                                 
December 31, 2012:
                                
Corporate debt securities
   $ 10,500     $ 35     $ (50 )   $ 10,485  
 
Proceeds from maturities and sale of available-for-sale securities were $3.5 million and $10.0 million in the three and nine months ended September 30, 2013, respectively. There were no maturities or sales of available-for-sale securities in the three and nine months ended September 30, 2012. There were no realized gains or losses from sales of available-for-sale securities in the three and nine months ended September 30, 2013 and 2012. The Company uses the specific identification method in computing the gross realized gains and gross realized losses on the sales of marketable securities.
 
 
The contractual maturities of the Company’s available-for-sale corporate debt securities at September 30, 2013 were as follows:
 
   
Fair Value
  
   
(in thousands)
  
Within one year
   $
401
  
After one year through five years
     —  
After five years through ten years
     —  
After ten years
     —  
Total
   $
401
  

The following available-for-sale securities were in an unrealized loss position for which other-than-temporary impairments had not been recognized:
 
   
Unrealized Losses
    
Fair Value
  
   
(in thousands)
  
December 31, 2012:
            
Corporate debt securities
   $ 50     $ 2,500  

At December 31, 2012, there were no securities in a continuous unrealized loss position for 12 months or longer.