Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value

The following table presents information about the Company’s assets measured at fair value as of June 30, 2023:

	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents and restricted cash	$	291,016	$	—	$	—	$	291,016
Marketable securities	—		262,710		—		262,710
Equity investments	104,480		—		205		104,685
Total	$	395,496	$	262,710	$	205	$	658,411

The following table presents information about the Company’s assets measured at fair value as of December 31, 2022:

	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents and restricted cash	$	95,717	$	—	$	—	$	95,717
Marketable securities	—		360,613		—		360,613
Equity investments	22,335		—		1,629		23,964
Total	$	118,052	$	360,613	$	1,629	$	480,294

Summary of Changes in Fair Value of Level 3 Investments

The following table sets forth changes in fair value of the Company’s Level 3 investments:

	Amount
As of December 31, 2021	$	1,887
Cash contributions	600
Unrealized loss	(858)
As of December 31, 2022	1,629
Realized gain	35,994
Transfer to Level 1	(1,629)
As of March 31, 2023	35,994
Cash distributions	(35,789)
As of June 30, 2023	$	205