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Investments (Tables) | 6 Months Ended
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Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract] |
Unrealized Gain (Loss) on Investments | The following table summarizes the cumulative gross unrealized gains and losses and fair values for short-term investments accounted for at fair value under the fair value option, with the unrealized gains and losses reported within earnings on the Condensed Consolidated Statements of Operations (in thousands):
| Initial Book Value |  |  |  |  |  | Cumulative Gross Unrealized Gains |  | Cumulative Gross Unrealized Losses |  | Fair Value
June 30, 2022 |  |  |  |  |  |  |  |  |  |  |
Investment in Consensus (equity securities) | $ | (29,052) |  |  |  |  |  |  | $ | 101,587 |  |  | $ | — |  |  | $ | 72,535 |
Total | $ | (29,052) |  |  |  |  |  |  | $ | 101,587 |  |  | $ | — |  |  | $ | 72,535 |
December 31, 2021 |  |  |  |  |  |  |  |  |  |  |
Investment in Consensus (equity securities) | $ | (69,290) |  |  |  |  |  |  | $ | 298,490 |  |  | $ | — |  |  | $ | 229,200 |
Total | $ | (69,290) |  |  |  |  |  |  | $ | 298,490 |  |  | $ | — |  |  | $ | 229,200 |
Carrying Amount for Equity Method Investment | The following table discloses the carrying amount for the Company’s equity method investment (in thousands). These equity securities are included within ‘Long-term investments’ in the Condensed Consolidated Balance Sheets.
| June 30, 2022 |  | December 31, 2021
Equity securities | $ | 113,460 |  |  | $ | 122,593 |
Maximum exposure to loss | $ | 113,460 |  |  | $ | 122,593 |
Summary of Available-for-sale Investments | The table below summarizes the carrying value and the maximum exposure of Company’s investment in corporate debt securities as of June 30, 2022 (in thousands):
| June 30, 2022
| Carrying value |  | Maximum exposure
Investment in corporate debt securities | $ | 15,000 |  |  | $ | 15,000 |
The following table summarizes the gross unrealized gains and losses and fair values for investments classified as available-for-sale, with the unrealized gains and losses reported as a component of other comprehensive income (in thousands):
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
June 30, 2022 |  |  |  |  |  |  |
Investment in corporate debt securities | $ | 15,000 |  |  | $ | — |  |  | $ | — |  |  | $ | 15,000 |
Total | $ | 15,000 |  |  | $ | — |  |  | $ | — |  |  | $ | 15,000 |
Available-for-Sale Securities Classified by Contractual Maturity Date | The following table summarizes the Company’s corporate debt securities designated as available-for-sale, classified by the contractual maturity date of the security (in thousands):
| June 30, 2022 |  | December 31, 2021
Due within 1 year | $ | — |  |  | $ | — |
Due within more than 1 year but less than 5 years | 15,000 |  |  | — |
Due within more than 5 years but less than 10 years | — |  |  | — |
Due 10 years or after | — |  |  | — |
Total | $ | 15,000 |  |  | $ | — |

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
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- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
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- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
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- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
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