(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.