Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2019

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements

The following table presents these instruments’ fair value at March 31, 2019:

	Level 1		Level 2		Level 3		Total
	(in thousands)
Cash Equivalents:
Money Market Funds	$	53	$	—	$	—	$	53
Equity Investments, at Fair Value:
Equity Securities		13,004		373		—		13,377
Mutual Funds		6,812		—		—		6,812
Trading Securities:
U.S. Treasury Bills		—		8,938		—		8,938
Total	$	19,869	$	9,311	$	—	$	29,180

The following table presents these instruments’ fair value at December 31, 2018:

	Level 1		Level 2		Level 3		Total
	(in thousands)
Cash Equivalents:
Money Market Funds	$	23	$	—	$	—	$	23
U.S. Treasury Bills		—		21,293		—		21,293
Corporate Bonds		—		3,064		—		3,064
Equity Investments, at Fair Value:
Equity Securities		8,960		607		—		9,567
Mutual Funds		24,653		—		—		24,653
Trading Securities:
U.S. Treasury Bills		—		5,283		—		5,283
Total	$	33,636	$	30,247	$	—	$	63,883