Investments (Tables)

9 Months Ended

Sep. 30, 2019

Investments Debt And Equity Securities [Abstract]

Summary of investments

The following is a summary of Investments:

	As of
	September 30, 2019		December 31, 2018
	(in thousands)
Equity Investments, at Fair Value
Equity Securities	$	14,138	$	9,567
Mutual Funds		19,936		24,653
Total Equity Investments, at Fair Value		34,074		34,220
Trading Securities
U.S. Treasury Bills		9,057		5,283
Total Trading Securities		9,057		5,283
Investments in Equity Method Investees		10,143		10,967
Total	$	53,274	$	50,470

Investments, at Fair Value

Investments, at Fair Value consisted of the following at September 30, 2019:

	Cost		Unrealized Gain/(Loss)			Fair Value
	(in thousands)
Equity Securities	$	14,706	$	(568	)	$	14,138
Mutual Funds		19,903		33			19,936
Total Equity Investments, at Fair Value	$	34,609	$	(535	)	$	34,074

	Amortized Cost		Unrealized Gain/(Loss)		Fair Value
	(in thousands)
U.S. Treasury Bills	$	9,041	$	16	$	9,057
Total Trading Securities	$	9,041	$	16	$	9,057

Investments, at Fair Value consisted of the following at December 31, 2018:

	Cost		Unrealized Gain/(Loss)			Fair Value
	(in thousands)
Equity Securities	$	10,112	$	(545	)	$	9,567
Mutual Funds		24,677		(24	)		24,653
Total Equity Investments, at Fair Value	$	34,789	$	(569	)	$	34,220

	Amortized Cost		Unrealized Gain/(Loss)		Fair Value
	(in thousands)
U.S. Treasury Bills	$	5,283	$	—	$	5,283
Total Trading Securities	$	5,283	$	—	$	5,283