Investments in Equity Securities

12 Months Ended

Dec. 31, 2021

Investments, Debt and Equity Securities [Abstract]

Investments in Equity Securities

Investment in Equity Securities

Investment securities—fair value consist of investments in the Company’s investment in shares and rights of equity securities. The composition of the Company’s investment securities—fair value was as follows (in thousands):

December 31, 2021	Cost		Fair Value
Investments in equity securities -fair value
Equity shares	$	47,841	$	1,493
Equity rights	11,064		345
Total investments in equity securities - fair value	$	58,905	$	1,838

For the year ended December 31, 2021, the Company recognized a net unrealized loss of $57.1 million on the statement of operations.

There were no realized gains and losses on equity securities for the year ended December 31, 2021.