XML 79 R31.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Investments (Tables)
 3 Months Ended
Mar. 31, 2024
Investments [Abstract]  
Summary of investments
The following tables summarize our investments as of March 31, 2024 and December 31, 2023 (in thousands):
March 31, 2024
CostUnrealized GainsUnrealized LossesCarrying Amount
Publicly traded companies$187,775 $57,761 $(71,015)$174,521 
Entities that report NAV511,039 189,044 (27,954)672,129 
Entities that do not report NAV:
Entities with observable price changes 94,283 73,629 (1,224)166,688 
Entities without observable price changes382,408 — — 382,408 
Investments accounted for under the equity methodN/AN/AN/A115,842 
Total investments$1,175,505 $320,434 $(100,193)$1,511,588 
December 31, 2023
CostUnrealized GainsUnrealized LossesCarrying Amount
Publicly traded companies$203,467 $50,377 $(94,278)$159,566 
Entities that report NAV507,059 192,468 (27,995)671,532 
Entities that do not report NAV:
Entities with observable price changes97,892 77,600 (1,224)174,268 
Entities without observable price changes368,654 — — 368,654 
Investments accounted for under the equity methodN/AN/AN/A75,498 
Total investments$1,177,072 $320,445 $(123,497)$1,449,518 
Schedule of net investment income
Our investment income (loss) for the three months ended March 31, 2024 and 2023 consisted of the following (in thousands):
Three Months Ended March 31,
20242023
Realized gains$14,126 
(1)
$20,744 
Unrealized gains (losses)29,158 (65,855)
Investment income (loss)$43,284 $(45,111)
(1)Consists of realized gains of $28.8 million, offset by impairment charges of $14.7 million during the three months ended March 31, 2024.