XML 89 R76.htm IDEA: XBRL DOCUMENT v3.22.1
Fair Value Measurements for Operating Entities and Consolidated Funds - Unobservable Input Roll Forward (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Preferred Stock        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value $ 169,701 $ 56,477 $ 122,631 $ 59,967
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 3,441 1,859    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 1,100 4,651    
Realized and unrealized gains (losses), asset 44,729 (698)    
Change in Unrealized Gain (Loss), instruments still held, asset [1] 44,729 (698)    
Common Stock        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 39,831 22,706 32,658 23,786
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 5,353 [2]    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 2,018 3,226    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 33 1,387    
Realized and unrealized gains (losses), asset 5,188 2,434    
Change in Unrealized Gain (Loss), instruments still held, asset [1] 5,188 1,679    
Convertible Bonds        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 5,250 3,137 5,250 6,040
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 0 1,050    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 0 3,930    
Realized and unrealized gains (losses), asset 0 (23)    
Change in Unrealized Gain (Loss), instruments still held, asset [1] 0 (23)    
Corporate Bonds        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 2,426 136 2,419 135
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 0 70    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 0 49    
Realized and unrealized gains (losses), asset 7 (20)    
Change in Unrealized Gain (Loss), instruments still held, asset [1] 7 (49)    
Options (held long)        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 228 241 234 251
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 0 0    
Realized and unrealized gains (losses), asset (6) (10)    
Change in Unrealized Gain (Loss), instruments still held, asset [1] (6) (10)    
Warrants and Rights        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 18,557 7,924 15,403 6,547
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 414 3,406    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 0 1,206    
Realized and unrealized gains (losses), asset 2,740 (823)    
Change in Unrealized Gain (Loss), instruments still held, asset [1] 2,740 (895)    
Trade Claims        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 4,840 5,905 3,496 8,713
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 1,666 1,378    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 615 4,216    
Realized and unrealized gains (losses), asset 293 30    
Change in Unrealized Gain (Loss), instruments still held, asset [1] 293 (1,021)    
Term Loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value   12,424   12,623
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases   322    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales   0    
Realized and unrealized gains (losses), asset   (521)    
Change in Unrealized Gain (Loss), instruments still held, asset   (521)    
Private Investments        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 550 1,085 410 642
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 353 443    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 250 0    
Realized and unrealized gains (losses), asset 37 0    
Change in Unrealized Gain (Loss), instruments still held, asset 37 0    
Consolidated Funds | Common Stock        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value   2,951   2,951
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales   0    
Realized and unrealized gains (losses), asset   0    
Change in Unrealized Gain (Loss), instruments still held, asset [1]   0    
Consolidated Funds | Warrants and Rights        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value   5,329   5,806
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales   670    
Realized and unrealized gains (losses), asset   193    
Change in Unrealized Gain (Loss), instruments still held, asset [1]   (477)    
Options (held short)        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Liability Value 3,079 3,297 3,419 3,915
Liability, Transfers In 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers out of Level 3 0 0    
Liability, Purchases 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Sales 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings 340 618    
Fair Value, Liability, Recurring Basis, Still Held, Unrealized Gain (Loss) [1] (340) (618)    
Contingent liability payable        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Liability Value 57,339 19,579 $ 62,223 37,952
Liability, Transfers In 0 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers out of Level 3 0 0    
Liability, Purchases 0 (11,312)    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Sales 10,076 0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings (5,192) 7,061    
Fair Value, Liability, Recurring Basis, Still Held, Unrealized Gain (Loss) [1] $ 5,192 (7,061)    
Corporate Bonds        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value   415    
Balance Liability Value       704
Liability, Transfers In   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers out of Level 3   0    
Liability, Purchases   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Sales   (289)    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings   0    
Fair Value, Liability, Recurring Basis, Still Held, Unrealized Gain (Loss) [1]   0    
Government Debt Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value   522    
Balance Liability Value       $ 1,500
Liability, Transfers In   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers out of Level 3   0    
Liability, Purchases   0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Sales   (1,278)    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings   300    
Fair Value, Liability, Recurring Basis, Still Held, Unrealized Gain (Loss) [1]   $ 87    
[1] Unrealized gains/losses are reported in Investment income - Securities principal transactions, net in the accompanying condensed consolidated statements of operations
[2] The entity in which the Company is invested completed an initial public offering