XML 88 R59.htm IDEA: XBRL DOCUMENT v3.23.3
Investments, at Fair Value - Narrative (Details)
$ in Thousands
 1 Months Ended 3 Months Ended 12 Months Ended
Apr. 27, 2022
USD ($)
Apr. 01, 2022
USD ($)
Jul. 17, 2020
USD ($)
Nov. 30, 2021
USD ($)
Jun. 30, 2023
USD ($)
underlyingInvestment
investmentFund
Jun. 30, 2022
USD ($)
Mar. 31, 2022
USD ($)
Mar. 31, 2021
USD ($)
Mar. 31, 2023
USD ($)
investmentFund
underlyingInvestment
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]                      
Percent of investments not subject to redemption         97.00%       96.00%    
Alternative investment funds | investmentFund         286       286    
Underlying investments | underlyingInvestment         931       952    
Percent of underlying investments in private companies         91.00%       91.00%    
Purchase of put options         $ 0 $ 7,451 $ 0 $ 0 $ 7,451 $ 0 $ 14,775
Proceeds from equity interest           2,430 [1]     2,430    
Gain (loss) on investment         (3,461) (12,020) (56,011) (2,180) (51,421) 31,837 (30,670)
Investments         489,290   674,170   497,221    
Noncredit-related portion of net unrealized gains (losses)         4,290 [2] (1,798) [1] 110 $ 0 11,226 (1,436) 0
Credit-related portion of other-than-temporary impairment on investment in debt securities         0 12,600 4,900   12,600 13,700  
Equity securities without readily determinable fair value         26,800   1,200   21,600    
Equity impairment loss         0   0   0 0 0
Proceeds from sale of put options held by Ben                   1,843 0
Equity securities, upward adjustment                 10,800    
Ben                      
Fair Value Measurement Inputs and Valuation Techniques [Line Items]                      
Equity securities without readily determinable fair value         0   0   0    
Put options                      
Fair Value Measurement Inputs and Valuation Techniques [Line Items]                      
Notational amount of put options   $ 141,300 $ 300,000                
Gain (loss) on investment         (2,300) 1,800     (3,500) $ (5,200) $ (7,800)
Investments         1,700   0   4,000    
Proceeds from sale of put options held by Ben       $ 1,800              
Recognized loss       $ 12,900              
Put options | Ben                      
Fair Value Measurement Inputs and Valuation Techniques [Line Items]                      
Gain (loss) on investment         (1,700) $ 1,300     (2,500)    
CT Risk Management, L.L.C. | Put options                      
Fair Value Measurement Inputs and Valuation Techniques [Line Items]                      
Purchase of put options   $ 5,000 $ 14,800                
Proceeds from equity interest $ 2,400                    
Class A common stock, par value $0.001 per share | GWG Holdings                      
Fair Value Measurement Inputs and Valuation Techniques [Line Items]                      
Fair value of common stock         100   67,200   3,700    
Class A common stock, par value $0.001 per share | Other Public Companies                      
Fair Value Measurement Inputs and Valuation Techniques [Line Items]                      
Fair value of common stock         $ 4,900   $ 2,500   $ 5,100    
[1] Retroactively adjusted March 31, 2022 and three months ended June 30, 2022 for de-SPAC merger transaction as described in Note 4.
[2] Retroactively adjusted March 31, 2023 for de-SPAC merger transaction as described in Note 4.