Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value

The following table presents information about the Company’s assets and liabilities measured at fair value as of December 31, 2021:

	Level 1		Level 2		Level 3		Total
Assets:
Marketable securities	$	—	$	456,212	$	—	$	456,212
Equity investments		39,561		—		1,887		41,448
Total	$	39,561	$	456,212	$	1,887	$	497,660

The following table presents information about the Company’s assets and liabilities measured at fair value as of December 31, 2020:

	Level 1		Level 2		Level 3		Total
Assets:
Marketable securities	$	—	$	440,395	$	—	$	440,395
Equity investments		45,570		—		—		45,570
Total	$	45,570	$	440,395	$	—	$	485,965

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, 2019	$	108
Cash contributions		2,869
Unrealized loss		(2,977	)
As of December 31, 2020		-
Cash contributions		2,000
Unrealized loss		(113	)
As of December 31, 2021	$	1,887