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Equity Investments (Tables)

9 Months Ended

Apr. 30, 2020

Equity Investments [Abstract]

Schedule of equity investments

		April 30, 2020				July 31, 2019
		(in thousands)
Zedge, Inc. Class B common stock, 42,282 shares at April 30, 2020 and July 31, 2019		$	47			$	68
Rafael Holdings, Inc. Class B common stock, 27,419 shares at April 30, 2020 and July 31, 2019			387				567
Mutual funds			5,282				5,053
Current equity investments		$	5,716			$	5,688

Visa Inc. Series C Convertible Participating Preferred Stock ("Visa Series C Preferred")		$	3,633			$	3,619
Hedge funds			4,711				5,475
Other			225				225
Noncurrent equity investments		$	8,569			$	9,319

Schedule of carrying value of equity investments

		Three Months Ended April 30,								Nine Months Ended April 30,
		2020				2019				2020				2019
		(in thousands)
Balance, beginning of period		$	4,345			$	3,045			$	3,919			$	1,883
Adoption of change in accounting for equity investments			—				—				—				1,213
Adjusted balance			4,345				3,045				3,919				3,096
Adjustment for observable transactions involving a similar investment from the same issuer			(412	)			599				14				550
Redemptions			—				—				—				(2	)
Impairments			—				—				—				—
Balance, end of the period		$	3,933			$	3,644			$	3,933			$	3,644

Schedule of unrealized gains and losses for all equity investments

		Three Months Ended April 30,								Nine Months Ended April 30,
		2020				2019				2020				2019
		(in thousands)
Net (losses) gains recognized during the period on equity investments		$	(1,226	)		$	623			$	(817	)		$	704
Less: net gains and losses recognized during the period on equity investments redeemed during the period			—				—				—				—
Unrealized (losses) gains recognized during the period on equity investments still held at the reporting date		$	(1,226	)		$	623			$	(817	)		$	704