Equity Investments (Tables)

3 Months Ended

Oct. 31, 2020

Equity Investments Disclosure [Abstract]

Schedule of equity investments

	October 31, 2020		July 31, 2020
	(in thousands)
Zedge, Inc. Class B common stock, 42,282 shares at October 31, 2020 and July 31, 2020	$	144	$	59
Rafael Holdings, Inc. Class B common stock, 28,320 and 27,806 shares at October 31, 2020 and July 31, 2020, respectively		465		389
Mutual funds		20,427		5,516
Current equity investments	$	21,036	$	5,964
Visa Inc. Series C Convertible Participating Preferred Stock (“Visa Series C Preferred”)	$	1,825	$	3,825
Visa Inc. Series A Convertible Participating Preferred Stock (“Visa Series A Preferred”)		2,271		—
Hedge funds		3,427		4,783
Other		2,225		225
Noncurrent equity investments	$	9,748	$	8,833

Schedule of carrying value of equity investments

	Three Months Ended October 31,
	2020			2019
	(in thousands)
Balance, beginning of period	$	4,109		$	3,919
Redemption for Visa mandatory release assessment		(1,870	)		—
Adjustment for observable transactions involving a similar investment from the same issuer		(130	)		18
Impairments		—			—
Balance, end of the period	$	2,109		$	3,937

Schedule of unrealized (losses) gains for all equity investments

	Three Months Ended October 31,
	2020			2019
	(in thousands)
Net (losses) gains recognized during the period on equity investments	$	(920	)	$	26
Less: net gains and losses recognized during the period on equity investments sold during the period		—			—
Unrealized (losses) gains recognized during the period on equity investments still held at the reporting date	$	(920	)	$	26