XML 44 R30.htm IDEA: XBRL DOCUMENT

Investments (Tables)

3 Months Ended

Mar. 31, 2021

Investments, Debt and Equity Securities [Abstract]

Summary of Securities without Readily Determinable Fair Value

The following table summarizes the gross unrealized gains and losses and estimated fair values for the Company’s securities without a readily determinable fair value (in thousands):


	Cost		Impairment		Adjustments		Reported Amount
March 31, 2021
Equity securities	$	31,779	$	—	$	(479)	$	31,300
Total	$	31,779	$	—	$	(479)	$	31,300

December 31, 2020
Equity securities	$	50,384	$	(19,605)	$	(479)	$	30,300
Total	$	50,384	$	(19,605)	$	(479)	$	30,300

Summary of Available-for-sale Investments

The following table summarizes the gross unrealized gains and losses and fair values for investments classified as available-for-sale investments (in thousands):


	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
March 31, 2021
Corporate debt securities	$	511	$	152	$	—	$	663
Total	$	511	$	152	$	—	$	663

December 31, 2020
Corporate debt securities	$	511	$	152	$	—	$	663
Total	$	511	$	152	$	—	$	663

Available-for-Sale Securities Classified by Contractual Maturity Date

The following table summarizes J2 Global’s corporate debt securities designated as available-for-sale, classified by the contractual maturity date of the security (in thousands):


	March 31, 2021		December 31, 2020
Due within 1 year	$	663	$	663
Due within more than 1 year but less than 5 years	—		—
Due within more than 5 years but less than 10 years	—		—
Due 10 years or after	—		—
Total	$	663	$	663

Carrying Amount for Equity Method Investment

The following table discloses the carrying amount for the Company’s equity method investment (in thousands):


	March 31, 2021		December 31, 2020
Equity method investment	$	107,403	$	67,195
Maximum exposure to loss	$	107,403	$	67,195