Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements

The following table presents these instruments’ fair value at June 30, 2021:

	Level 1		Level 2		Level 3		Total
Assets	(in thousands)
Cash Equivalents:
Money Market Funds	$	8	$	—	$	—	$	8
Equity Investments, at Fair Value:
Equity Securities		41,042		672		—		41,714
Mutual Funds		7,326		—		—		7,326
Total Assets	$	48,376	$	672	$	—	$	49,048
Liabilities
Securities Sold Short	$	870		—		—	$	870
Total Liabilities	$	870	$	—	$	—	$	870

The following table presents these instruments’ fair value at December 31, 2020:

	Level 1		Level 2		Level 3		Total
Assets	(in thousands)
Cash Equivalents:
Money Market Funds	$	8	$	—	$	—	$	8
Equity Investments, at Fair Value:
Equity Securities		18,006		733		—		18,739
Mutual Funds		7,314		—		—		7,314
Total Assets	$	25,328	$	733	$	—	$	26,061
Liabilities
Securities Sold Short		714		—		—		714
Total Liabilities	$	714	$	—	$	—	$	714