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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Fair value measurements, recurring and nonrecurring
The following table sets forth the carrying amount and the fair value of the Company's financial assets by level within the fair value hierarchy as of the dates indicated ($ in thousands):
Level 1Level 2Level 3
Carrying AmountQuoted Prices in Active Markets Observable Inputs Other Than Level 1 Prices Unobservable Inputs
June 30, 2020
Recurring basis (assets):
Front Yard common stock$14,133  $14,133  $—  $—  
December 31, 2019
Recurring basis (assets):
Front Yard common stock$20,046  $20,046  $—  $—  
Fair value, unrealized gains (losses)
The following table presents the cost basis and fair value of our holdings in Front Yard's common stock as of the dates indicated ($ in thousands):
CostGross Unrealized GainsGross Unrealized LossesFair Value
June 30, 2020
Front Yard common stock$20,596  $—  $(6,463) $14,133  
December 31, 2019
Front Yard common stock$20,596  $—  $(550) $20,046