8.	COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) was comprised of net income (loss) plus or minus market value adjustments related to marketable securities. The following table summarizes the changes in accumulated balances of other comprehensive income for the years ended December 31, 2015 and 2014:

	Unrealized gains and losses on available-for-sale securities
	(in thousands)

Balance at January 1, 2014, net of tax of $3,770	$	6,160

Other comprehensive income before reclassifications, net of tax of $533		871
Amounts reclassified from accumulated other comprehensive income, net of tax of $(385)		(629	)
Net other comprehensive income (loss)		242

Balance at December 31, 2014, net of tax of $3,918		6,402

Other comprehensive income before reclassifications, net of tax of $(588)		(962	)
Amounts reclassified from accumulated other comprehensive income, net of tax of $(80)		(130	)
Net other comprehensive income (loss)		(1,092	)

Balance at December 31, 2015, net of tax of $3,250	$	5,310

The following table provides details about reclassifications out of accumulated other comprehensive income for the years ended December 31, 2015 and 2014:

	Amounts Reclassified from Accumulated Other Comprehensive Income
Details about Accumulated Other	(a)
Comprehensive Income Component	2015			2014			Statement of Operations Classification
	(in thousands)
Unrealized gains and losses on available-for-sale securities:
Realized gain on sale of securities	$	1,043		$	1,015		Non-operating income
Impairment expense		(833	)		(1	)	Non-operating income
Total before tax		210			1,014		Income before income taxes
Tax expense		(80	)		(385	)	Income tax expense
Total after tax	$	130		$	629		Net income

(a)

Amounts in parentheses indicate debits to profit/loss