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EQUITY SECURITIES (Tables)
 9 Months Ended
Sep. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Equity Securities
Equity securities consist of the following (in thousands):
September 30,
2025		December 31,
2024
Equity securities accounted for under the equity method under ASC 323$46,987 $56,546 
Equity securities accounted for under the equity method under the fair value option31,638 21,640 
Total equity securities$78,625 $78,186 
Equity Securities Ownership Interest
The following table includes the Company's equity securities accounted for under the equity method and related ownership interest as of September 30, 2025:
Ownership
interest
Medici Ventures, L.P.99%
tZERO Group, Inc.28%
The Brand House Collective, Inc.40%
Zulily Newco25%
Equity Method Investments
The following table summarizes the net loss recognized on equity method securities recorded in Other income (expense), net in the consolidated statements of operations (in thousands):
Three months ended
September 30,		Nine months ended
September 30,
2025202420252024
Net loss recognized on our proportionate share of the net assets of our equity method securities$(565)$(6,371)$(9,559)$(23,859)
Increase (decrease) in fair value of equity method securities held under fair value option7,570 (10,828)(7,085)(19,546)