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Investments
12 Months Ended
Dec. 31, 2022
Investments, All Other Investments [Abstract]  
Investments Investments
Investment in Full Swing
In connection with the merger with Topgolf, the Company acquired an ownership interest of less than 20.0% in Full Swing, which owns an indoor golf simulation technology that delivers golf ball tracking data and measures ball flight indoors. The investment is accounted for at cost less impairments, and adjusted for observable changes in fair value. As of December 31, 2022 and December 31, 2021, the value of the Company’s investment in Full Swing was $9.3 million. This investment is included in other assets on the Company’s consolidated balance sheets.
Investment in Five Iron Golf
The Company has an ownership interest of less than 20.0% in Five Iron Golf, which is accounted for at cost less impairments, and adjusted for observable changes in fair value. As of each of December 31, 2022 and December 31, 2021, the value of the Company’s investment in Five Iron Golf was $30.0 million. This investment is included in other assets on the Company’s consolidated balance sheets.