Note 2 - Investments

6 Months Ended

Jun. 30, 2020

Notes to Financial Statements

Investment [Text Block]

Note 2.    Investments

At June 30, 2020 and December 31, 2019, the fair value of our non-current investments was $12.2 million and $6.2 million, respectively.  Our non-current investments consist of marketable equity securities which are carried at fair value.  The cost basis of our non-current investments was approximately $10.1 million and $9.8 million at June 30, 2020 and December 31, 2019, respectively. During the six months ended June 30, 2020, we recognized $5.4 million in net unrealized gains in current earnings. During the six months ended June 30, 2019, we recognized $1.0 million in net unrealized losses in current earnings. During the six months ended June 30, 2020 and 2019, we acquired marketable equity securities having a cost basis of $0.6 million and $0.1 million, respectively.