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Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2021
Investments Debt And Equity Securities [Abstract]  
Schedule of Market Value, Cost and Unrealized Gains (Losses) on Equity Securities

The following table sets forth market value, cost, and unrealized gains (losses) on equity securities at December 31 (in thousands):

 

 

 

2021

 

 

2020

 

Fair value

 

$

8,031

 

 

$

6,534

 

Cost basis

 

 

6,426

 

 

 

6,579

 

Unrealized gains (losses)

 

$

1,605

 

 

$

(45

)

 

Schedule of Gross Unrealized Gains and Losses on Marketable Securities

The following table sets forth the gross unrealized gains and losses on the Company’s marketable securities at December 31 (in thousands):

 

 

 

 

2021

 

 

 

2020

 

Gross unrealized gains

 

$

2,574

 

 

$

1,627

 

Gross unrealized losses

 

 

(969

)

 

 

(1,672

)

Net unrealized gains (losses)

 

$

1,605

 

 

$

(45

)

 

Summary of Net Realized Gains (Losses) on Marketable Equity Securities

The following table shows the Company’s net realized gains (losses) on marketable equity securities (in thousands):

 

 

 

2021

 

 

2020

 

 

2019

 

Realized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

Sale proceeds

 

$

117

 

 

$

1,622

 

 

$

1,596

 

Cost basis of securities sold

 

 

92

 

 

 

1,641

 

 

 

1,289

 

Realized gain (loss)

 

$

25

 

 

$

(19

)

 

$

307

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized gain (loss), net of taxes

 

$

19

 

 

$

(14

)

 

$

230