XML 51 R42.htm IDEA: XBRL DOCUMENT v3.22.2
Fair Value Measurements and Financial Instruments - Summary of Change in Carrying Value of Level 3 Financial Instruments (Details) - Level 3 - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Equity Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at the beginning of the period $ 62,538   $ 43,013  
Purchases 28,785   28,785  
Losses on equity securities (21,846)   (2,321)  
Transfer to Level 1 (40,692)   (40,692)  
Balance at the end of the period 28,785   28,785  
Debt Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at the beginning of the period 314,000 $ 226,800 253,700 $ 214,400
Purchases 14,579 17,585 79,158 35,170
Gains/(losses) on initial recognition     9,400  
Unrealized gains included in other comprehensive losses 9,325 6,025 10,950 11,150
Unrealized (losses)/gains included in earnings 31,800 500 30,200 500
Settlement of forwards 8,921 5,115 10,842 10,430
Redemption of debt securities (15,625) (15,625) (31,250) (31,250)
Balance at the end of the period 363,000 240,400 363,000 240,400
Forwards        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at the beginning of the period (1,200) 22,400 16,700 18,600
Unrealized (losses)/gains included in earnings 38,221 13,515 22,242 22,630
Settlement of forwards (8,921) (5,115) (10,842) (10,430)
Balance at the end of the period 28,100 $ 30,800 28,100 $ 30,800
Funding Commitments        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at the beginning of the period (8,400)   0  
Gains/(losses) on initial recognition     (9,400)  
Unrealized (losses)/gains included in earnings 300   1,300  
Balance at the end of the period (8,100)   (8,100)  
Derivative Instrument        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at the beginning of the period 0   0  
Gains on derivative financial instrument 71,800   71,800  
Balance at the end of the period 71,800   71,800  
Royalty        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at the beginning of the period 0   0  
Purchases 21,215   21,215  
Balance at the end of the period $ 21,215   $ 21,215