FRONTIER COMMUNICATIONS CORP | 2013 | FY | 3


(8) Investment Income

The components of investment income for the years ended December 31, 2013, 2012 and 2011 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

($ in thousands)

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

 

Interest and dividend income

 

$

2,401 

 

$

3,753 

 

$

2,184 

Investment gain

 

 

1,407 

 

 

9,780 

 

 

1,071 

Equity earnings (loss)

 

 

 -

 

 

(522)

 

 

(864)

Total investment income

 

$

3,808 

 

$

13,011 

 

$

2,391 

 

During 2013, 2012 and 2011, we recognized investment gains of $1.4 million,  $9.8 million and $1.1 million, respectively, associated with cash received in connection with our previously written-off investment in Adelphia.

 


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