Three Months Ended

Nine Months Ended

September 30,

2021

2020

2021

2020

(In thousands)

Change in fair value of equity securities

$

63,907

$

84,299

$

112,180

$

83,230

Change in fair value of equity securities derivative

–

10,651

–

17,542

Change in fair value of equity securities forward contract

–

(74,662

)

–

Gain (loss) on sale of equity securities

37,112

1,908

52,167

(4,202

)

Gain on sale of prepaid investment and derivative

–

2,845

–

2,845

Net realized and unrealized gain

$

101,019

$

25,041

$

164,347

$

99,415