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Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Amortized Cost and Unrealized (Losses)/Gains, Net of Marketable Securities

The amortized cost and unrealized (losses)/gains, net of marketable securities as of December 31, 2024 and 2023, are as follows (in thousands):

 

 

December 31,

 

 

2024

 

 

2023

 

Marketable securities:

 

 

 

 

 

 

Amortized cost

 

$

2,302

 

 

$

40,110

 

Unrealized (losses)/gains, net

 

 

(12

)

 

 

289,947

 

Total fair value

 

$

2,290

 

 

$

330,057

 

Schedule of Net (Losses)/Gains of Marketable Securities and Dividend Income

The Company’s net (losses)/gains on marketable securities and dividend income for the years ended December 31, 2024, 2023 and 2022, are as follows (in thousands):

 

 

Year Ended December 31,

 

 

2024

 

 

2023

 

 

2022

 

(Loss)/gain on marketable securities, net

 

$

(27,679

)

 

$

21,262

 

 

$

(315,508

)

Dividend income (included in Other income, net and Special dividend
   income)

 

$

1,705

 

 

$

202,749

 

 

$

18,002

 

 

The portion of unrealized (losses)/gains on marketable securities for the period that relates to marketable securities still held at the reporting date (in thousands):

 

 

Year Ended December 31,

 

 

2024

 

 

2023

 

 

2022

 

(Loss)/gain on marketable securities, net

 

$

(27,679

)

 

$

21,262

 

 

$

(315,508

)

Less: Net loss/(gain) recognized related to marketable securities sold

 

 

27,652

 

 

 

10,614

 

 

 

(15,120

)

Unrealized (loss)/gain related to marketable securities still held

 

$

(27

)

 

$

31,876

 

 

$

(330,628

)