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EQUITY SECURITIES (Tables)
 3 Months Ended
Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Equity Securities Ownership Interest The following table includes our equity securities accounted for under the equity method and related ownership interest as of March 31, 2022:
Ownership
interest
Medici Ventures, L.P.99%
tZERO Group, Inc.31%
SpeedRoute, LLC49%
Equity Method Investments
The following table summarizes the net income recognized on equity method securities recorded in Other expense, net in our consolidated statements of income for the three months ended March 31, 2022 (in thousands):

Three months ended
March 31,
2022
Net loss recognized on our proportionate share of the net loss of our equity method securities$(1,464)
Increase in fair value of equity method securities held under fair value option1,165 
Equity Method Investments, Summarized Financial Information
The following is unaudited summarized financial information for tZERO (in thousands):

Three months ended
March 31,
Results of Operations2022
Revenues$740 
Pre-tax loss(5,380)
Net loss(4,380)