Investments (Tables)

3 Months Ended

Mar. 31, 2020

Investments [Abstract]

Schedule of Cost Method Investments

The following table summarizes the gross unrealized gains and losses and estimated fair values for the Company’s securities without a readily determinable fair value (in thousands):

	Cost		Impairment		Adjustments		Reported Amount
March 31, 2020
Equity securities	$	54,145	$	(23,769)	$	(480)	$	29,896
Total	$	54,145	$	(23,769)	$	(480)	$	29,896
December 31, 2019
Equity securities	$	34,977	$	(4,164)	$	(3,678)	$	27,135
Total	$	34,977	$	(4,164)	$	(3,678)	$	27,135

Schedule of Available-for-sale Securities Reconciliation

The following table summarizes the gross unrealized gains and losses and fair values for investments classified as available-for-sale investments (in thousands):

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
March 31, 2020
Corporate debt securities	$	511	$	122	$	—	$	633
Total	$	511	$	122	$	—	$	633
December 31, 2019
Corporate debt securities	$	23,256	$	112	$	(698)	$	22,670
Total	$	23,256	$	112	$	(698)	$	22,670

Investments Classified by Contractual Maturity Date

The following table summarizes J2 Global’s corporate debt securities designated as available-for-sale, classified by the contractual maturity date of the security (in thousands):

	March 31, 2020		December 31, 2019
Due within 1 year	$	—	$	—
Due within more than 1 year but less than 5 years	633		22,670
Due within more than 5 years but less than 10 years	—		—
Due 10 years or after	—		—
Total	$	633	$	22,670

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value

The following tables present gross unrealized losses and fair values for those investments that were in an unrealized loss position as of March 31, 2020 and December 31, 2019, aggregated by investment category and the length of time that individual securities have been in a continuous loss position (in thousands):

	As of March 31, 2020
	Less than 12 Months				12 Months or Greater				Total
	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
Corporate debt securities	$	—	$	—	$	—	$	—	$	—	$	—
Total	$	—	$	—	$	—	$	—	$	—	$	—
	As of December 31, 2019
	Less than 12 Months				12 Months or Greater				Total
	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
Corporate debt securities	$	—	$	—	$	22,047	$	(698)	$	22,047	$	(698)
Total	$	—	$	—	$	22,047	$	(698)	$	22,047	$	(698)

Equity Method Investments

The following table discloses the carrying amount for the Company’s equity method investment (in thousands):

	March 31, 2020		December 31, 2019
Equity securities	$	67,491	$	50,274
Maximum exposure to loss	$	67,491	$	50,274