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FAIR VALUE MEASUREMENTS AND INVESTMENTS (Tables)
9 Months Ended
Sep. 30, 2022
FAIR VALUE MEASUREMENTS AND INVESTMENTS  
Schedule of assets and liabilities of the entity measured at fair value on a recurring basis

Assets and liabilities of the Company measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021 are summarized as follows (in thousands):

September 30, 2022

Significant Other

Quoted Prices in

Observable

Unobservable

Active Markets

Inputs

Inputs

Description

(Level 1)

(Level 2)

(Level 3)

Total

Money market funds

$

2,716

$

$

$

2,716

Short term investments

300

300

Other investments

1,862

1,862

Alaska Communications redeemable common units

(22,640)

(22,640)

Warrants on Alaska Communications redeemable common units

(559)

(559)

Total assets and liabilities measured at fair value

$

3,016

$

$

(21,337)

$

(18,321)

December 31, 2021

    

Significant Other

Quoted Prices in

Observable

Unobservable

Active Markets

Inputs

Inputs

Description

(Level 1)

(Level 2)

(Level 3)

Total

Money market funds

$

3,301

$

$

$

3,301

Short term investments

300

300

Other investments

1,925

1,925

Alaska Communications redeemable common units

(22,640)

(22,640)

Warrants on Alaska Communications redeemable common units

(559)

(559)

Interest rate swap

(894)

(894)

Total assets and liabilities measured at fair value

$

3,601

$

(894)

$

(21,274)

$

(18,567)

Schedule of investments

Investments without a readily determinable fair value

Fair value investments

Equity investments

Total

Balance, December 31, 2021

$

17,820

$

1,925

$

28,699

$

48,444

Sale of Investments(1)

(13,212)

(13,212)

Income (Loss) recognized

326

(2,163)

(1,837)

Contributions / (distributions)

(389)

2,750

2,361

Foreign currency loss

(1,815)

(1,815)

Gain recognized

4,770

4,770

Balance, September 30, 2022

$

22,590

$

1,862

$

14,259

$

38,711