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Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2021

Marketwise, LLC

Derivative [Line Items]

Derivative Instruments, Gain (Loss)

As of June 30, 2021, there are embedded derivative instruments outstanding. The following table presents information on the location and amounts of derivative instruments gains and losses:

																		Three Months Ended June 30,												Six Months Ended June 30,
																														2021						2020						2021						2020
Derivatives Not Designated as Hedging Instruments						Location of Gain (Loss) Recognized in Income Statement
Phantom Interests in Net Income						Other income, net																								$	394					$	(1,124)					$	—					$	(997)
Phantom Interests in Net Income						General and administrative																								2,388						—						2,388						—
Option						General and administrative																								(662)						—						(662)						—
Total																														$	2,120					$	(1,124)					$	1,726					$	(997)

The following table presents information on the location and amounts of derivative instruments gains and losses:

												Year Ended December 31,
Derivatives Not Designated as Hedging Instruments						Location of Gain (Loss) Recognized in Income Statement						2020						2019						2018
Phantom Interests in Net Income						Other income, net						$	(3,069)					$	(478)					$	(217)

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Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

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