XML 27 R11.htm IDEA: XBRL DOCUMENT v3.19.1
Investments in Marketable Securities
 3 Months Ended
Mar. 31, 2019
Marketable Securities [Abstract]  
Investments in Marketable Securities
Investments in Marketable Securities
The following is a summary of the cost, gross unrealized gains, and losses and fair value of Investments in marketable securities:
 
December 31,
2018
 
March 31,
2019
Cost
$
126.8

 
$
35.0

Unrealized gains
1.1

 
1.6

Unrealized losses
(8.6
)
 
(0.2
)
Fair value
$
119.3

 
$
36.4


For the three months ended March 31, 2018 and 2019, the Company received proceeds of $13.8 million and $15.1 million, respectively, from the sale of investments in marketable securities, and recorded net gains of $2.8 million and $0.5 million, respectively.
For the three months ended March 31, 2019, the Company deconsolidated an Affiliate sponsored investment product with a fair value of $84.3 million.