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PREPAID EXPENSES AND OTHER ASSETS (Tables)
 9 Months Ended
Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of prepaid expenses and other current and non-current assets
Prepaid expenses and other current assets, and other non-current assets consisted of the following (in thousands):
September 30,December 31,
20222021
Prepaid expenses and other current assets
Prepaid expenses$91,366 $123,246 
Deposits2,524 9,658 
Fair value adjustments related to foreign currency forward contracts(1)
22,935 — 
Cash collateral posted against foreign currency forward contracts(1)
145,000 — 
Other15,219 2,945 
Total prepaid expenses and other current assets$277,044 $135,849 
Other non-current assets
Strategic investments$357,042 $363,950 
Deferred tax assets1,014,736 573,547 
Deposits10,542 13,347 
Other41 1,463 
Total other non-current assets$1,382,361 $952,307 
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(1)See Note 12. Derivatives for additional details.
Schedule of other investments accounted for under the measurement alternative The changes in the carry value of strategic investments accounted for under the measurement alternative are presented below (in thousands):
Nine Months Ended September 30,
20222021
Carrying amount, beginning of period$352,431 $26,146 
Net additions(1)
57,058 242,196 
Upward adjustments879 3,084 
Previously held interest in Bison Trails (see Note 4)— (2,000)
Impairments and downward adjustments(70,631)(50)
Carrying amount, end of period(2)
$339,737 $269,376 
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(1)Net additions include additions from purchases and reductions due to exits of securities and reclassifications due to changes to capital structure.
(2)Excludes $17.3 million and $10.5 million as of September 30, 2022 and September 30, 2021, respectively, of strategic investments that are not accounted for under the measurement alternative.