MARKETABLE EQUITY SECURITIES

9 Months Ended

Sep. 30, 2022

Marketable Equity Securities

MARKETABLE EQUITY SECURITIES

6. MARKETABLE EQUITY SECURITIES

Marketable equity securities with readily determinable market prices consisted of the following as of September 30, 2022 and December 31, 2021:

	Marketable equity securities at September 30, 2022
			Gross unrealized		Gross unrealized
	Cost		gains		losses			Fair value
Common shares	$	16,182,000	$	281,000	$	(7,902,000	)	$	8,561,000

	Marketable equity securities at December 31, 2021
			Gross unrealized		Gross unrealized
	Cost		gains		losses			Fair value
Common shares	$	53,475,000	$	32,000	$	(13,127,000	)	$	40,380,000

The Company’s investment in marketable equity securities are revalued on each balance sheet date.