Investments (Tables)

9 Months Ended

Sep. 30, 2020

Investments Debt And Equity Securities [Abstract]

Summary of investments

The following is a summary of Investments:

	As of
	September 30, 2020		December 31, 2019
	(in thousands)
Equity Investments, at Fair Value
Equity Securities	$	13,556	$	15,715
Mutual Funds		7,307		20,039
Total Equity Investments, at Fair Value		20,863		35,754
Trading Securities
U.S. Treasury Bills		—		9,100
Total Trading Securities		—		9,100
Investments in Equity Method Investees		5,838		11,080
Total	$	26,701	$	55,934

Investments, at Fair Value

Investments, at Fair Value consisted of the following at September 30, 2020:

	Cost		Unrealized Gain/(Loss)			Fair Value
	(in thousands)
Equity Securities	$	15,211	$	(1,655	)	$	13,556
Mutual Funds		7,279		28			7,307
Total Equity Investments, at Fair Value	$	22,490	$	(1,627	)	$	20,863

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

       Securities Sold Short, at Fair Value consisted of the following at September 30, 2020:

	Proceeds		Unrealized (Gain)/Loss		Fair Value
	(in thousands)
Equity Securities	$	660	$	30	$	690
Total Securities Sold Short, at Fair Value	$	660	$	30	$	690

Investments, at Fair Value consisted of the following at December 31, 2019:

	Cost		Unrealized Gain/(Loss)		Fair Value
	(in thousands)
Equity Securities	$	14,712	$	1,003	$	15,715
Mutual Funds		20,015		24		20,039
Total Equity Investments, at Fair Value	$	34,727	$	1,027	$	35,754

	Amortized Cost		Unrealized Gain/(Loss)		Fair Value
	(in thousands)
U.S. Treasury Bills	$	9,099	$	1	$	9,100
Total Trading Securities	$	9,099	$	1	$	9,100