Investments (Tables)

6 Months Ended

Jun. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Summary of investments

The following is a summary of Investments:

	As of
	June 30, 2022		December 31, 2021
	(in thousands)
Equity Investments, at Fair Value
Equity Securities	$	46,785	$	82,900
Mutual Funds		—		7,319
Total Equity Investments, at Fair Value		46,785		90,219
Trading Securities, at Fair Value
Leveraged Loans		19,635		—
Corporate Bonds		1,007		—
Total Trading Securities, at Fair Value		20,642		—
Investments in Equity Method Investees		13,335		5,287
Total	$	80,762	$	95,506

Investments, at Fair Value

Investment, at Fair Value

Investments, at Fair Value consisted of the following at June 30, 2022:

	Cost		Unrealized Gain/(Loss)			Fair Value
	(in thousands)
Equity Securities	$	54,432	$	(7,647	)	$	46,785
Mutual Funds		—		—			—
Total Equity Investments, at Fair Value	$	54,432	$	(7,647	)	$	46,785

Trading Securities, at Fair Value consisted of the following at June 30, 2022:

	Cost		Unrealized Gain/(Loss)			Fair Value
	(in thousands)
Leveraged Loans	$	19,944	$	(309	)	$	19,635
Corporate Bonds		1,010		(3	)		1,007
Total Trading Securities, at Fair Value	$	20,954	$	(312	)	$	20,642

Securities Sold Short, at Fair Value consisted of the following at June 30, 2022:

	Proceeds		Unrealized (Gain)/Loss			Fair Value
	(in thousands)
Equity Securities	$	311	$	(70	)	$	241
Total Securities Sold Short, at Fair Value	$	311	$	(70	)	$	241

Investments, at Fair Value consisted of the following at December 31, 2021:

	Cost		Unrealized Gain/(Loss)			Fair Value
	(in thousands)
Equity Securities	$	80,480	$	2,420		$	82,900
Mutual Funds		7,328		(9	)		7,319
Total Equity Investments, at Fair Value	$	87,808	$	2,411		$	90,219

Securities Sold Short, at Fair Value consisted of the following at December 31, 2021:

	Proceeds		Unrealized (Gain)/Loss			Fair Value
	(in thousands)
Equity Securities	$	259	$	(22	)	$	237
Total Securities Sold Short, at Fair Value	$	259	$	(22	)	$	237