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Investments (Tables)
 6 Months Ended
Jun. 30, 2024
Investments [Abstract]  
Summary of investments The following tables summarize our investments as of June 30, 2024 and December 31, 2023 (in thousands):
June 30, 2024
Cost
Unrealized
Gains
Unrealized
Losses
Carrying
Amount
Publicly traded companies
$201,321
$42,052
$(90,182)
$153,191
Entities that report NAV
510,335
162,559
(33,254)
639,640
Entities that do not report NAV:
Entities with observable price changes
94,509
79,609
(1,007)
173,111
Entities without observable price changes
389,124
—
—
389,124
Investments accounted for under the equity method
N/A
N/A
N/A
139,282
Total investments
$1,195,289
$284,220
$(124,443)
$1,494,348
December 31, 2023
Cost
Unrealized
Gains
Unrealized
Losses
Carrying
Amount
Publicly traded companies
$203,467
$50,377
$(94,278)
$159,566
Entities that report NAV
507,059
192,468
(27,995)
671,532
Entities that do not report NAV:
Entities with observable price changes
97,892
77,600
(1,224)
174,268
Entities without observable price changes
368,654
—
—
368,654
Investments accounted for under the equity method
N/A
N/A
N/A
75,498
Total investments
$1,177,072
$320,445
$(123,497)
$1,449,518
Schedule of net investment income Our investment income (loss) for the three and six months ended June 30, 2024 and 2023 consisted of the following (in
thousands):
Three Months Ended June 30,
Six Months Ended June 30,
2024
2023
2024
2023
Realized gains (losses)
$20,578
(1)
$(371)
$34,704
(1)
$20,373
Unrealized losses
(64,238)
(77,897)
(35,080)
(143,752)
Investment loss
$(43,660)
$(78,268)
$(376)
$(123,379)
(1)Consists of realized gains of $33.4 million and $62.2 million, partially offset by impairment charges of $12.8 million and $27.5 million during the three and six months
ended June 30, 2024, respectively.