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EQUITY SECURITIES (Tables)
 3 Months Ended
Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract]  
Equity Securities
Equity securities consist of the following (in thousands):
March 31,
2024		December 31,
2023
Equity securities accounted for under the equity method under ASC 323$105,093 $114,827 
Equity securities accounted for under the equity method under the fair value option32,328 41,046 
Total equity securities$137,421 $155,873 
Equity Securities Ownership Interest
The following table includes our equity securities accounted for under the equity method (ASC 323) and related ownership interest as of March 31, 2024:
Ownership
interest
Medici Ventures, L.P.99%
tZERO Group, Inc.28%
SpeedRoute, LLC49%
Equity Method Investments
The following table summarizes the net loss recognized on equity method securities recorded in Other expense, net in our consolidated statements of operations (in thousands):
Three months ended
March 31,
20242023
Net loss recognized on our proportionate share of the net assets of our equity method securities$(9,734)$(7,181)
Decrease in fair value of equity method securities held under fair value option(8,718)—