|9 Months Ended|
Sep. 30, 2017
|Investments, Debt and Equity Securities [Abstract]|
As of September 30, 2017, the Company had no investments available for sale. Proceeds from the sale of available-for-sale investments were $1.8 million during the nine-month period ended September 30, 2017.
The amortized cost and estimated fair values of available-for-sale securities by balance sheet classification are as follows (dollar amounts in thousands):
There were no proceeds from the sale of investments during the nine-months ended September 30, 2016.
The Company’s trading securities portfolio totaled $1.9 million at September 30, 2017, and $1.4 million at December 31, 2016, and generated gains of $66,000 and $43,000 for the three months ended September 30, 2017 and 2016, respectively, and $168,000 and $78,000 for the nine months ended September 30, 2017 and 2016, respectively.
As of September 30, 2017, and December 31, 2016, the Company had an unrealized loss of $0 and $23,000, respectively, in its U.S. government securities funds. There were no securities that were in a loss position for more than 12 months.
The entire disclosure for investments in certain debt and equity securities.
Reference 1: http://www.xbrl.org/2003/role/presentationRef