Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investment Securities (Tables)

3 Months Ended

Mar. 31, 2024

Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investment Securities

Schedule of marketable investment securities, restricted cash and cash equivalents, and other investment securities

	As of
	March 31,		December 31,
	2024		2023
	(In thousands)
Marketable investment securities:
Current marketable investment securities:
Strategic - available-for-sale	$	149	$	144
Strategic - trading/equity		56		7,799
Other		237		179
Total current marketable investment securities		442		8,122
Restricted marketable investment securities (1)		21,640		19,772
Total marketable investment securities		22,082		27,894
Restricted cash and cash equivalents (1)		88,663		89,107
Other investments, net:
Equity method investments (2)		86,988		126,179
Cost method investments		5,648		3,448
Fair value method investments		39,198		39,198
Total other investments, net		131,834		168,825
Total marketable investment securities, restricted cash and cash equivalents, and other investments, net	$	242,579	$	285,826

(1) Restricted marketable investment securities and restricted cash and cash equivalents are included in “Restricted cash, cash equivalents and marketable investment securities” on our Condensed Consolidated Balance Sheets.

(2) This change primarily resulted from the Sale and Transfer of Assets to EchoStar. See Note 1 for further information.

Schedule of fair value measurements

	As of
	March 31, 2024								December 31, 2023
	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
	(In thousands)
Cash equivalents (including restricted)	$	136,678	$	107,317	$	29,361	$	—	$	347,976	$	304,410	$	43,566	$	—
Debt securities (including restricted):
U.S. Treasury and agency securities	$	8,013	$	8,013	$	—	$	—	$	7,567	$	7,567	$	—	$	—
Commercial paper		6,100		—		6,100		—		7,500		—		7,500		—
Corporate securities		7,527		—		7,527		—		4,705		—		4,705		—
Other		386		—		237		149		323		—		179		144
Equity securities		56		56		—		—		7,799		7,799		—		—
Total	$	22,082	$	8,069	$	13,864	$	149	$	27,894	$	15,366	$	12,384	$	144

Schedule of gains and losses on sales and changes in carrying amounts of investments and other

	For the Three Months Ended
	March 31,
Other, net:	2024		2023
	(In thousands)
Marketable and non-marketable investment securities - realized and unrealized gains (losses)	$	(870)	$	(308)
Sale of Assets to EchoStar - realized gains (losses)		128,788		—
Derivative instruments - net realized and/or unrealized gains (losses)		—		(28,961)
Gains (losses) related to early redemption of debt		—		49
Equity in earnings (losses) of affiliates		(708)		(1,451)
Other		132		150
Total	$	127,342	$	(30,521)