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INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2020
Schedule of Equity Method Investments [Abstract]  
Summary of Investments
The following table summarizes investments as of December 31, 2020 and 2019 (dollars in thousands):
December 31, 2020Percent Ownership of Voting StockDecember 31, 2019Percent Ownership of Voting Stock
Available-for-sale securities - redeemable preferred shares$— 19%to25%$— 19%to25%
Fair value option investments— 10%to19%1,405 10%to19%
Other equity investments37,671 1%to19%75,171 1%to19%
Total investments$37,671 $76,576 
The following table summarizes other equity investment activity for the years ended December 31, 2020 and 2019 (in thousands):
Balance as of December 31, 2018$24,273 
Upward adjustments for observable price changes
51,397 
Dispositions
(640)
Foreign currency translation
141 
Balance as of December 31, 2019$75,171 
Impairment of investments included in earnings(6,684)
Dispositions
(33,843)
Foreign currency translation
3,027 
Balance as of December 31, 2020$37,671 
Schedule of Gains and Losses due to Changes in Fair Value of Investments
The following table summarizes gains and losses due to changes in fair value of those investments for the years ended December 31, 2020, 2019 and 2018 (in thousands):
Year Ended December 31,
202020192018
Monster LP$— $(69,408)$(9,509)
Nearbuy(1,405)(3,089)445 
Total$(1,405)$(72,497)$(9,064)