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Investments (Tables)
 6 Months Ended
Jun. 30, 2023
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, 2023, and December 31, 2022:
As of
June 30, 2023December 31, 2022
Fair value investments:
Securities held in Consolidated Funds(a)
$65,963,712 $54,740,993 
Company sponsored investments69,572,732 66,828,910 
Company sponsored equity method investments27,673,694 24,105,808 
Total Investments$163,210,138 $145,675,711 
(a) Of the securities held in the Consolidated Funds as of June 30, 2023, DHCM directly held $41.9 million and noncontrolling shareholders held $24.1 million. Of the securities held in the Consolidated Funds as of December 31, 2022, DHCM directly held $37.5 million and noncontrolling shareholders held $17.2 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,
2023202220232022
Realized (losses) gains$(12,598)$(1,713,218)$806,537 $(269,471)
Change in unrealized4,843,046 (16,769,567)10,651,217 (26,520,423)
Dividends1,530,260 863,575 3,039,548 1,631,460 
Other(84,000)(58,663)(137,856)(111,696)
Investment income (loss), net$6,276,708 $(17,677,873)$14,359,446 $(25,270,130)
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 period ended June 30, 2023:
As of
June 30, 2023
Total assets$47,761,709 
Total liabilities2,617,688 
Net assets45,144,021 
DHCM’s portion of net assets$27,673,694 
For the Three Months EndedFor the Six Months Ended
June 30, 2023June 30, 2023
Investment income$187,934 $360,119 
Expenses57,510 112,269 
Net realized gains 370,937 375,914 
Change in unrealized 2,814,978 3,407,104 
Net income 3,316,339 4,030,868 
DHCM’s portion of net income $2,163,009 $2,823,580