FAIR VALUE MEASUREMENTS AND INVESTMENTS (Tables)

6 Months Ended

Jun. 30, 2023

FAIR VALUE MEASUREMENTS AND INVESTMENTS

Schedule of assets and liabilities of the entity measured at fair value on a recurring basis

Assets and liabilities of the Company measured at fair value on a recurring basis as of June 30, 2023 and December 31, 2022 are summarized as follows (in thousands):

	June 30, 2023
	Significant Other
	Quoted Prices in		Unobservable
	Active Markets		Inputs
Description	(Level 1)		(Level 3)		Total
Short term investments	$	300	$	—	$	300
Other investments		—		1,386		1,386
Alaska Communications redeemable common units		—		(22,266)		(22,266)
Alloy redeemable common units		—		(14,760)		(14,760)
Warrants on Alaska Communications redeemable common units		—		(654)		(654)
Total assets and liabilities measured at fair value	$	300	$	(36,294)	$	(35,994)

	December 31, 2022
	Significant Other
	Quoted Prices in		Unobservable
	Active Markets		Inputs
Description	(Level 1)		(Level 3)		Total
Short term investments	$	300	$	—	$	300
Other investments		—		1,616		1,616
Alaska Communications redeemable common units		—		(22,557)		(22,557)
Alloy redeemable common units		—		(14,760)		(14,760)
Warrants on Alaska Communications redeemable common units		—		(654)		(654)
Total assets and liabilities measured at fair value	$	300	$	(36,355)	$	(36,055)

Schedule of investments

	Investments without a readily determinable fair value		Fair value investments		Equity investments		Total
Balance, December 31, 2022	$	22,590	$	1,616	$	13,963	$	38,169
Income recognized		1,786		130		585		2,501
Contributions		425		(360)		630		695
Foreign currency gain		—		—		229		229
Balance, June 30, 2023	$	24,801	$	1,386	$	15,407	$	41,594
Balance, December 31, 2021	$	17,820	$	1,925	$	28,699	$	48,444
Income (loss) recognized		—		205		(1,645)		(1,440)
Contributions / (distributions)		—		(169)		1,400		1,231
Foreign currency loss		—		—		(1,423)		(1,423)
Gain recognized		4,770		—		—		4,770
Balance, June 30, 2022	$	22,590	$	1,961	$	27,031	$	51,582