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Investments (Tables)
6 Months Ended
Jun. 30, 2021
Investments Debt And Equity Securities [Abstract]  
Summary of investments

The following is a summary of Investments:

 

 

 

As of

 

 

 

June 30,

2021

 

 

December 31, 2020

 

 

 

(in thousands)

 

Equity Investments, at Fair Value

 

 

 

 

 

 

 

 

Equity Securities

 

$

41,714

 

 

$

18,739

 

Mutual Funds

 

 

7,326

 

 

 

7,314

 

Total Equity Investments, at Fair Value

 

 

49,040

 

 

 

26,053

 

Investments in Equity Method Investees

 

 

7,407

 

 

 

8,051

 

Total

 

$

56,447

 

 

$

34,104

 

Investments, at Fair Value

Investments, at Fair Value consisted of the following at June 30, 2021:

 

 

 

Cost

 

 

Unrealized

Gain/(Loss)

 

 

Fair Value

 

 

 

(in thousands)

 

Equity Securities

 

$

36,938

 

 

$

4,776

 

 

$

41,714

 

Mutual Funds

 

 

7,313

 

 

 

13

 

 

 

7,326

 

Total Equity Investments, at Fair Value

 

$

44,251

 

 

$

4,789

 

 

$

49,040

 

       Securities Sold Short, at Fair Value consisted of the following at June 30, 2021:

 

 

 

Proceeds

 

 

Unrealized

(Gain)/Loss

 

 

Fair Value

 

 

 

(in thousands)

 

Equity Securities

 

$

833

 

 

$

37

 

 

$

870

 

Total Securities Sold Short, at Fair Value

 

$

833

 

 

$

37

 

 

$

870

 

 

 

Investments, at Fair Value consisted of the following at December 31, 2020:

 

 

 

Cost

 

 

Unrealized

Gain/(Loss)

 

 

Fair Value

 

 

 

(in thousands)

 

Equity Securities

 

$

16,521

 

 

$

2,218

 

 

$

18,739

 

Mutual Funds

 

 

7,293

 

 

 

21

 

 

 

7,314

 

Total Equity Investments, at Fair Value

 

$

23,814

 

 

$

2,239

 

 

$

26,053

 

 

Securities Sold Short, at Fair Value consisted of the following at December 31, 2020:

 

 

 

Proceeds

 

 

Unrealized

(Gain)/Loss

 

 

Fair Value

 

 

 

(in thousands)

 

Equity Securities

 

$

620

 

 

$

94

 

 

$

714

 

Total Securities Sold Short, at Fair Value

 

$

620

 

 

$

94

 

 

$

714