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Investments (Tables) | 6 Months Ended
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Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract] |
Summary of Market Value of Investments | The following table summarizes the carrying value of the Company's investments as of June 30, 2021 and December 31, 2020:
| As of
| June 30, 2021 |  | December 31, 2020
Fair value investments: |  |  |
Securities held in Consolidated Funds(a) | $ | 52,638,472 |  |  | $ | 33,233,307 |
Company sponsored investments | 98,061,822 |  |  | 95,167,829 |
Company sponsored equity method investments | 9,903,190 |  |  | — |
Total Investments | $ | 160,603,484 |  |  | $ | 128,401,136 |
(a) Of the securities held in the Consolidated Funds as of June 30, 2021, the Company directly held $37.6 million and noncontrolling shareholders held $15.0 million. Of the securities held in the Consolidated Funds as of December 31, 2020, the Company directly held $23.6 million and noncontrolling shareholders held $9.6 million.
Schedule of Investment Income | The components of net investment income (loss) are as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Realized gains (losses) | $ | 1,535,575 |  |  | $ | (925,889) |  |  | $ | 4,059,080 |  |  | $ | (1,743,428) |
Unrealized gains (losses) | 3,756,121 |  |  | 11,948,270 |  |  | 6,261,465 |  |  | (10,519,328) |
Dividends | 604,921 |  |  | 570,538 |  |  | 1,269,930 |  |  | 1,464,951 |
Other | (19,531) |  |  | (30,295) |  |  | (49,935) |  |  | (37,663) |
Investment income (loss), net | $ | 5,877,086 |  |  | $ | 11,562,624 |  |  | $ | 11,540,540 |  |  | $ | (10,835,468) |
Equity Method Investments | The following table includes the condensed summary financial information from the Company's equity method investments as of and for the three- and six-month periods ended June 30, 2021:
|  |  | As of
|  |  | June 30, 2021
Total assets |  |  | $ | 11,609,592 |
Total liabilities |  |  | 130,745 |
Net assets |  |  | 11,478,847 |
DHCM's portion of net assets |  |  | $ | 9,903,190 |
| For the Three Months Ended |  | For the Six Months Ended
| June 30, 2021 |  | June 30, 2021
Investment income | $ | 5,600 |  |  | $ | 5,600 |
Expenses | 8,857 |  |  | 8,857 |
Net unrealized depreciation | (117,896) |  |  | (117,896) |
Net loss | (121,153) |  |  | (121,153) |
DHCM's portion of net loss | $ | (96,810) |  |  | $ | (96,810) |

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