Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements

The following table presents these instruments’ fair value at June 30, 2022:

	Level 1		Level 2		Level 3		Total
Assets	(in thousands)
Cash Equivalents:
Money Market Funds	$	10	$	—	$	—	$	10
Equity Investments, at Fair Value:
Equity Securities		46,459		326		—		46,785
Mutual Funds		—		—		—		—
Trading Securities, at Fair Value:
Leveraged Loans		—		19,635		—		19,635
Corporate Bonds		—		1,007		—		1,007
Total Assets	$	46,469	$	20,968	$	—	$	67,437
Liabilities
Securities Sold Short	$	241		—		—	$	241
Total Liabilities	$	241	$	—	$	—	$	241

The following table presents these instruments’ fair value at December 31, 2021:

	Level 1		Level 2		Level 3		Total
Assets	(in thousands)
Cash Equivalents:
Money Market Funds	$	8	$	—	$	—	$	8
Equity Investments, at Fair Value:
Equity Securities		82,163		737		—		82,900
Mutual Funds		7,319		—		—		7,319
Total Assets	$	89,490	$	737	$	—	$	90,227
Liabilities
Securities Sold Short		237		—		—		237
Total Liabilities	$	237	$	—	$	—	$	237