Quarterly report pursuant to Section 13 or 15(d)

Available For Sale ("AFS") Securities Available For Sale ("AFS") Securities

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Available For Sale ("AFS") Securities Available For Sale ("AFS") Securities
 3 Months Ended
Mar. 31, 2013
Investments, Debt and Equity Securities [Abstract]  
Available For Sale (AFS) Securities
Available For Sale (“AFS”) Securities

A summary of investments held by the Company at March 31, 2013 is as follows:
 
March 31, 2013
(in thousands)
Fair Value at Business Combination
Gross
Unrealized
Gains 
Gross
Unrealized
Losses 
Fair Value
Available for sale:
 
 
 
 
Common stock (1)
$
5,771

$
1,369

$
—

$
7,140

Total AFS securities
$
5,771

$
1,369

$
—

$
7,140


(1)
Common stock represents a minority investment in GuestLogix, Inc.

There were no investments held by the Company as of December 31, 2012.

At March 31, 2013, the Company held $7.1 million of common stock at an unrealized gain of $1.4 million. Unrealized gains or losses relating to AFS securities are accounted for by adjusting the carrying amount of the securities. An offsetting entry after the adjustment for taxes at the Company's corporate effective tax rate, when applicable, is recognized in accumulated other comprehensive income (loss).