XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.25.2

Investments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Investments [Abstract] |
Investments in Marketable Equity Securities | Investments in marketable equity securities consist of the following:
| As of
| June 30, 2025 |  | December 31, 2024
(in thousands) |
Total cost | $ | 231,976 |  |  | $ | 227,153 |
Gross unrealized gains | 663,867 |  |  | 627,760 |
Gross unrealized losses | (6,328) |  |  | (2,479) |
Total Fair Value | $ | 889,515 |  |  | $ | 852,434 |
(Loss) Gain on Marketable Equity Securities | The net (loss) gain on marketable equity securities comprised the following:
| Three Months Ended June 30 |  | Six Months Ended June 30
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
(Loss) gain on marketable equity securities, net | $ | (11,543) |  |  | $ | 19,628 |  |  | $ | 32,258 |  |  | $ | 123,780 |
Less: Net gains in earnings from marketable equity securities donated | — |  |  | (102) |  |  | — |  |  | (102) |
Net unrealized (loss) gains in earnings from marketable equity securities still held at the end of the period | $ | (11,543) |  |  | $ | 19,526 |  |  | $ | 32,258 |  |  | $ | 123,678 |

X
- Definition Tabular disclosure of realized and unrealized gain (loss) on investment in security. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)(c)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_GainLossOnInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References No definition available. + Details
Name: | us-gaap_MarketableSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration