XML 23 R13.htm IDEA: XBRL DOCUMENT v3.22.1
Investment in Securities
 3 Months Ended
Mar. 31, 2022
Investment in Securities [Abstract]  
Investment in Securities
3.  Investment in Securities

Investments in equity securities at March 31, 2022 and December 31, 2021 consisted of the following (in thousands):

 
March 31, 2022
    
December 31, 2021
  
   
Cost
    
Estimated
Fair Value
    
Cost
    
Estimated
Fair Value
  
Investments in equity securities:
                                
Common stocks
  
$
33,912
    
$
15,261
    
$
33,575
    
$
16,210
  
Actively managed semi-transparent ETFs
     17,000       16,539       9,000       9,599  
Open-end funds
    
5,722
      
5,664
      
5,722
      
5,995
  
Closed-end funds
    
530
      
514
      
530
      
534
  
Other
    
6
      
4
      
6
      
6
  
Total investments in equity securities
  
$
57,170
    
$
37,982
    
$
48,833
    
$
32,344
  

Investments in equity securities, including the Company’s investments in common stocks and the Funds, are stated at fair value with any unrealized gains or losses reported in each respective period’s earnings.