Quarterly report pursuant to Section 13 or 15(d)

Investments in Equity Securities

v3.21.2
Investments in Equity Securities
6 Months Ended
Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract]  
Investments in Equity Securities Investments in Equity Securities
Investment securities—fair value consist of investments in the Company’s investment in shares and rights of equity securities. The composition of the Company’s investment securities—fair value was as follows (in thousands):
As of June 30, 2021
Cost Fair Value
Investments in equity securities- fair value
Equity shares $ 47,841  $ 24,316 
Equity rights 11,064  5,624 
Total investments in equity securities- fair value $ 58,905  $ 29,940 

For the three and six month period ended June 30, 2021, the Company recognized a net unrealized loss on equity securities of $29.0 million in the other income/expense section of the condensed consolidated statements of operations.

There were no realized gains and losses on equity securities for the three and six month periods ended June 30, 2020.