FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2024

Schedule of Fair Value of Assets and Liabilities Measured on a Recurring Basis

The fair values of the Company’s financial assets and liabilities that are required to be measured on a recurring basis at fair value were as follows:


	March 31, 2024					December 31, 2023
	Fair Value Measurements Using					Fair Value Measurements Using
	Level 1		Level 2		Level 3	Level 1		Level 2		Level 3
Assets:

Investments in equity securities (1)	$	13.5	$	5.3	—	$	28.2	$	5.3	—
VIL Shares	—		$	172.7	—	—		—		—
VIL OCDs	—		$	19.2	—	—		$	192.3	—

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(1)Investments in equity securities are recorded in Notes receivable and other non-current assets in the consolidated balance sheet at fair value. Unrealized holding gains and losses for equity securities are recorded in Other income (expense) in the consolidated statements of operations in the current period. During the three months ended March 31, 2024 and 2023, the Company recognized unrealized (losses) gains of $(14.7) million and $1.2 million, respectively, for equity securities held as of March 31, 2024.