XML 61 R10.htm IDEA: XBRL DOCUMENT

Note 4 - Marketable Securities

6 Months Ended

Jun. 30, 2014

Disclosure Text Block Supplement [Abstract]

Cash, Cash Equivalents, and Marketable Securities [Text Block]

4) Marketable securities

At June 30, 2014 and December 31, 2013, FutureFuel had investments in certain preferred stock, trust preferred securities, exchange traded debt instruments, and other equity instruments. These investments are classified as current assets in the consolidated balance sheet. FutureFuel has designated these securities as being available-for-sale. Accordingly, they are recorded at fair value, with the unrealized gains and losses, net of taxes, reported as a component of stockholders’ equity. These securities were comprised of the following at:

	June 30, 2014
	Adjusted Cost		Unrealized Gains		Unrealized Losses			Fair Value
Equity instruments	$	41,165	$	12,218	$	(178	)	$	53,205
Preferred stock		18,596		1,421		-			20,017
Trust preferred securities		18,253		1,285		-			19,538
Exchange traded debt instruments		2,387		161		-			2,548
Total	$	80,401	$	15,085	$	(178	)	$	95,308

	December 31, 2013
	Adjusted Cost		Unrealized Gains		Unrealized Losses			Fair Value
Equity instruments	$	51,711	$	11,597	$	(278	)	$	63,030
Preferred stock		18,519		893		(299	)		19,113
Trust preferred securities		19,726		386		(235	)		19,877
Exchange traded debt instruments		2,243		34		(26	)		2,251
Total	$	92,199	$	12,910	$	(838	)	$	104,271

The aggregate fair value of instruments with unrealized losses totaled $2,678 and $26,321 at June 30, 2014 and December 31, 2013, respectively. As of June 30, 2014 and December 31, 2013, FutureFuel had a total of $0 and $0 invested in marketable securities that were in an unrealized loss position for a greater than 12-month period, respectively.