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Investments (Tables) | 9 Months Ended
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Mar. 31, 2024
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Investments | Equity investments by measurement category were as follows (in thousands):
Measurement category | March 31, 2024 |  | June 30, 2023
Fair value | $ | 21,537 |  |  | $ | 12,423 |
Measurement alternative | 77,380 |  |  | 68,748 |
Equity method | 65,115 |  |  | 65,366 |
Total | $ | 164,032 |  |  | $ | 146,537 |
Schedule of Changes in Equity Investments | The following tables show a reconciliation of the changes in our equity investments (in thousands):
| Nine Months Ended March 31, 2024
| Non-marketable securities |  | Marketable securities |  | Equity method investments |  | Total
Balance at the beginning of the period | $ | 68,748 |  |  | $ | 12,423 |  |  | $ | 65,366 |  |  | $ | 146,537 |
Additions to investments | 6,567 |  |  | — |  |  | 3,125 |  |  | 9,692 |
Observable price adjustments on non-marketable equity securities | 2,315 |  |  | — |  |  | — |  |  | 2,315 |
Proceeds from exits of investments | (250) |  |  | — |  |  | — |  |  | (250) |
Unrealized gains on marketable equity securities | — |  |  | 9,114 |  |  | — |  |  | 9,114 |
Realized gains on marketable and non-marketable equity securities | — |  |  | — |  |  | — |  |  | — |
Impairment of investments | — |  |  | — |  |  | — |  |  | — |
Loss attributable to equity method investments | — |  |  | — |  |  | (2,716) |  |  | (2,716) |
Foreign currency translation adjustments | — |  |  | — |  |  | (660) |  |  | (660) |
Carrying value at the end of the period | $ | 77,380 |  |  | $ | 21,537 |  |  | $ | 65,115 |  |  | $ | 164,032 |
| Nine Months Ended March 31, 2023
| Non-marketable securities |  | Marketable securities |  | Equity method investments |  | Total
Balance at the beginning of the period | $ | 39,290 |  |  | $ | 9,167 |  |  | $ | 9,918 |  |  | $ | 58,375 |
Additions to investments | 21,738 |  |  | 4,991 |  |  | 60,233 |  |  | 86,962 |
Observable price adjustments on non-marketable equity securities | 12,612 |  |  | — |  |  | — |  |  | 12,612 |
Realized gains on marketable and non-marketable equity securities | 3,937 |  |  | — |  |  | — |  |  | 3,937 |
Proceeds from exits of investments | (3,937) |  |  | — |  |  | — |  |  | (3,937) |
Impairment of investments | (3,000) |  |  | — |  |  | — |  |  | (3,000) |
Unrealized losses on marketable equity securities | — |  |  | (2,043) |  |  | — |  |  | (2,043) |
Loss attributable to equity method investments | — |  |  | — |  |  | (5,037) |  |  | (5,037) |
Foreign currency translation adjustments | — |  |  | — |  |  | 2,583 |  |  | 2,583 |
Carrying value at the end of the period | $ | 70,640 |  |  | $ | 12,115 |  |  | $ | 67,697 |  |  | $ | 150,452 |

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