Investments in Marketable Securities (Tables)

12 Months Ended

Dec. 31, 2023

Investments in Marketable Securities [Abstract]

Dividend Income, Realized and Unrealized Gain/(Loss) on Marketable Securities

Dividend income from marketable securities, realized and unrealized gain (loss) on marketable securities, net, related to the Company’s trading securities for the year ended December 31, 2023, 2022 and 2021 were as follows (in thousands):

	2023		2022			2021
Dividend income from marketable securities	$	9,536	$	5,301		$	2,549
Gain (loss) on marketable securities, net	$	5,587	$	(20,603	)	$	(5,023	)

Available-for-Sale Securities

The following is a summary of the Company’s available-for-sale securities recorded within Marketable securities in the Consolidated Balance Sheets as of December 31, 2023 (in thousands):

	December 31, 2023
	Amortized Costs		Gross Realized Gains		Gross Unrealized Gains		Fair Value
Short-term marketable securities:
U.S. Treasury securities	$	82,625	$	-	$	15	$	82,640
Commercial paper		41,229		-		7		41,236
Total	$	123,854	$	-	$	22	$	123,876

Available-for-Sale Securities by Remaining Contractual Maturity

As of December 31, 2023, the fair values of the Company’s available-for-sale securities included within Marketable securities in the Consolidated Balance Sheets, by remaining contractual maturity, are as follows (in thousands):

	December 31, 2023
	One Year or Less		Over One Year Through Five Years		Over Five Years		Total
Short-term marketable securities:
U.S. Treasury securities	$	82,640	$	-	$	-	$	82,640
Commercial paper		41,236		-		-		41,236
Total	$	123,876	$	-	$	-	$	123,876