XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.22.1

EQUITY SECURITIES PORTFOLIO INVESTMENT (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract] |
Unrealized Gain (Loss) on Investments | Equity securities at fair value for the periods presented were comprised of the following:
Security Type |  | Cost |  | Gross Unrealized Gain |  | Gross Unrealized Loss |  | Fair Value
|  | (In thousands)
March 31, 2022: |  |  |  |  |  |  |  |
Equity securities - Life Sciences Portfolio (Note 3) |  | $ | 48,279 |  |  | $ | 92,253 |  |  | $ | (2,570) |  |  | $ | 137,962 |
Equity securities - other common stock |  | 108,489 |  |  | 11,822 |  |  | (11,789) |  |  | 108,522 |
Total |  | $ | 156,768 |  |  | $ | 104,075 |  |  | $ | (14,359) |  |  | $ | 246,484 |
December 31, 2021: |  |  |  |  |  |  |  |
Equity securities - Life Sciences Portfolio (Note 3) |  | $ | 56,037 |  |  | $ | 262,811 |  |  | $ | (1,488) |  |  | $ | 317,360 |
Equity securities - other common stock |  | 43,822 |  |  | 2,068 |  |  | (1,472) |  |  | 44,418 |
Total |  | $ | 99,859 |  |  | $ | 264,879 |  |  | $ | (2,960) |  |  | $ | 361,778 |
The following unrealized and realized gains or losses from our investment in the Life Sciences Portfolio are recorded in the change in fair value of equity securities and gain or loss on sale of equity securities, respectively, in the consolidated statements of operations:
| Three Months Ended March 31,
| 2022 |  | 2021
| (In thousands)
Change in fair value of equity securities of public companies | $ | (171,640) |  |  | $ | 5,374 |
Change in fair value of equity securities without readily determinable fair value | — |  |  | 31,802 |
Gain (loss) on sale of equity securities of public companies | 59,488 |  |  | — |
Net realized and unrealized (loss) gain | $ | (112,152) |  |  | $ | 37,176 |

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration