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AdvisorEngine Inc. - Sale of Financial Interests (Tables) | 6 Months Ended
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Jun. 30, 2020
Summary of Ranges and Weighted Averages of Significant Unobservable Inputs Used to Determine Fair Value of Contingent Payments | The table below presents the range and weighted averages of significant unobservable inputs utilized in the Monte-Carlo simulation (classified as Level 3 in the fair value hierarchy):
Unobservable Inputs (Initial Recognition)
Forecasted revenue simulated forward as a percentage of the pre-defined revenue targets |  | 34% - 71% (47% weighted average)
Revenue volatility |  | 25%
Summary of Carrying Value Information of AdvisorEngine Financial Interests | Summarized below are the financial interests previously held:
|  | June 30, 2020 |  |  | December 31, 2019 |
|  | Amortized Cost, plus Accrued Interest |  |  | Net Carrying Value |  |  | Amortized Cost, plus Accrued Interest |  |  | Net Carrying Value |
Unsecured convertible note |  | $ | — |  |  | $ | — |  |  | $ | 2,126 |  |  | $ | 2,126 |
Unsecured non-convertible note |  |  | — |  |  |  | — |  |  |  | 31,184 |  |  |  | 26,046 |
Subtotal - Notes receivable |  |  | — |  |  |  | — |  |  |  | 33,310 |  |  |  | 28,172 |
Preferred stock |  |  | — |  |  |  | — |  |  |  | 25,000 |  |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  | $ | 58,310 |  |  | $ | 28,172 | (1)
(1) | Net of an impairment of $30,138 at December 31, 2019. During the six months ended June 30, 2020, the Company recorded an impairment of $19,672 on the carrying value of the notes receivable. During the three months ended June 30, 2020, the Company recognized a gain of $868 arising from an adjustment to the estimated fair value of consideration received from the sale of its financial interests in AdvisorEngine. This gain was included in other gains and losses, net on the Consolidated Statements of Operations.

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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition Schedule of carrying value of AdvisorEngine financial interests. + References No definition available. + Details
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