Investments

6 Months Ended

Jun. 30, 2020

Investment Holdings, Schedule of Investments [Text Block]

INVESTMENTS

The carrying values of the Company’s investments in the Statements of Financial Position as of June 30, 2020 and December 31, 2019 are as follows:



Investments	June 30, 2020		December 31, 2019
Investments held at FV-NI	4,613		4,376
Equity method investments	98		123
Total long-term investments	$	4,711	$	4,499

Income (loss) from investments, net in the Statements of Operations during the three and six months ended June 30, 2020 and 2019 is as follows:



Investment income	Three Months Ended June 30,						Six Months Ended June 30,
	2020			2019			2020			2019
Short-term investments	$	—		$	238		$	—		$	738
Investments held at FV-NI	23			(737		)	263			466
Equity method investments	(19		)	—			(25		)	1,024
Income (loss) from investments, net	$	4		$	(499	)	$	238		$	2,228

Short-term investments

The Company from time to time invests in U.S. Treasury bills which are classified as held-to-maturity and measured at amortized cost. These range in original maturity from three to six months, and bear interest ranging from 2.2% - 2.4%. During the six months ended June 30, 2019, short-term investments in U.S. Treasury bills in the amount of $149,828 matured.

Investments held at FV-NI

The Company has investments in equity of several companies that do not result in significant influence or control. These investments are carried at fair value, with gains and losses recognized in the Statements of Operations.

Equity method investments

The Company accounts for investments in which it can exert significant influence but does not control as equity method investments. As of June 30, 2020 and December 31, 2019, the Company’s equity method investments were not deemed significant to the Company’s Financial Statements and as such, additional disclosure is omitted.