Investments (Tables)

9 Months Ended

Sep. 30, 2018

Investments Debt And Equity Securities [Abstract]

Summary of investments

The following is a summary of Investments:

	As of
	September 30, 2018		December 31, 2017
	(in thousands)
Equity Investments, at Fair Value
Equity Securities	$	6,962	$	5,452
Mutual Funds		22,048		—
Total Equity Investments, at Fair Value		29,010		5,452
Trading Securities
U.S. Treasury Bills		11,662		—
Corporate Bonds		1,289		—
Total Trading Securities		12,951		—
Investments in Equity Method Investees		16,209		16,285
Total	$	58,170	$	21,737

Investment, at fair value

Investments, at Fair Value consisted of the following at September 30, 2018:

	Cost		Unrealized Gain/(Loss)		Fair Value
	(in thousands)
Equity Securities	$	6,375	$	587	$	6,962
Mutual Funds		22,048		—		22,048
Total Equity Investments, at Fair Value	$	28,423	$	587	$	29,010

	Amortized Cost		Unrealized Gain/(Loss)			Fair Value
	(in thousands)
U.S. Treasury Bills	$	11,664	$	(2	)	$	11,662
Corporate Bonds		1,290		(1	)		1,289
Total Trading Securities	$	12,954	$	(3	)	$	12,951

Investments, at Fair Value consisted of the following at December 31, 2017:

	Cost		Unrealized Gain/(Loss)		Fair Value
	(in thousands)
Equity Securities	$	4,399	$	1,053	$	5,452
Total Equity Investments, at Fair Value	$	4,399	$	1,053	$	5,452