Dish Network 2015 Annual Report Download - page 126

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DISH NETWORK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - Continued
F-22
6.
Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investment
Securities
Our marketable investment securities, restricted cash and cash equivalents, and other investment securities consisted
of the following:
As of December 31,
2015 2014
(In thousands)
Marketable investment securities:
Current marketable investment securities - strategic $ 259,145 $ 711,213
Current marketable investment securities - other 298,766 1,420,532
Total current marketable investment securities 557,911 2,131,745
Restricted marketable investment securities (1) 82,280 76,970
Total marketable investment securities 640,191 2,208,715
Restricted cash and cash equivalents (1) 94 10,014
Other investment securities:
Investment in EchoStar preferred tracking stock - cost method 228,795 228,795
Investment in HSSC preferred tracking stock - cost method 87,409 87,409
Other investment securities - cost method 11,046 11,046
Total other investment securities 327,250 327,250
Total marketable investment securities, restricted cash and cash
equivalents, and other investment securities $ 967,535 $ 2,545,979
(1) Restricted marketable investment securities and restricted cash and cash equivalents are included in “Restricted
cash and marketable investment securities” on our Consolidated Balance Sheets.
Marketable Investment Securities
Our marketable investment securities portfolio consists of various debt and equity instruments, all of which are
classified as available-for-sale, except as specified below. See Note 2 for further information.
Current Marketable Investment Securities - Strategic
Our current strategic marketable investment securities portfolio includes strategic and financial debt and equity
investments in public companies that are highly speculative and have experienced and continue to experience
volatility. As of December 31, 2015, this portfolio consisted of securities of a small number of issuers, and as a
result the value of that portfolio depends, among other things, on the performance of those issuers. The fair value of
certain of the debt and equity securities in this portfolio can be adversely impacted by, among other things, the
issuers’ respective performance and ability to obtain any necessary additional financing on acceptable terms, or at
all.
Current Marketable Investment Securities – Other
Our current marketable investment securities portfolio includes investments in various debt instruments including,
among others, commercial paper, corporate securities and U.S. treasury and/or agency securities.
Commercial paper consists mainly of unsecured short-term, promissory notes issued primarily by corporations with
maturities ranging up to 365 days. Corporate securities consist of debt instruments issued by corporations with
various maturities normally less than 18 months. U. S. Treasury and agency securities consist of debt instruments
issued by the federal government and other government agencies.