v3.26.1
OTHER INVESTMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Other Investments
At June 30, 2026, the breakdown of the Company’s other investments was as follows:
At June 30, 2026CostUnrealized
gains		Unrealized
losses		Accrued interestFair value / carrying value
Private equity securities$32,977 $37,311 $(5,827)$— $64,461 
Private debt securities464 — — — 464 
Total other investments$33,441 $37,311 $(5,827)$— $64,925 

At December 31, 2025, the breakdown of the Company’s other investments was as follows:

At December 31, 2025CostUnrealized
gains		Unrealized
losses		Accrued interestFair value / carrying value
Private equity securities$29,787 $38,086 $(6,054)$— $61,819 
Private debt securities1,585 — (572)79 1,092 
Total other investments$31,372 $38,086 $(6,626)$79 $62,911 
Schedule of Carrying Values of Private Investments and Unlisted Equity Securities Carried under Measurement Alternative
The Company recognized the following adjustments to the carrying values of the private investments and unlisted equity securities, resulting from observable price changes in orderly transactions and impairments:
Three months ended June 30Six months ended June 30
2026202520262025
Upward adjustments (1)
$— $1,265 $698 $1,748 
Downward adjustments and impairments(2)
$(1,450)$(148)$(1,770)$(1,607)

(1) The cumulative upward carrying value changes from inception to June 30, 2026, for outstanding holdings, totaled $60.0 million.
(2) The cumulative downward carrying value changes from inception to June 30, 2026, for outstanding holdings, totaled $29.9 million.
Schedule of Gain (Loss) on Securities
The following table summarizes the change in unrealized gains (losses) and the realized gains (losses) for the Company’s other investments, which are included in “Net investment income” in the condensed consolidated statements of operations (see Note 14):
Three months ended June 30Six months ended June 30
2026202520262025
Gross realized gains$— $— $— $5 
Gross realized losses— — (1,087)— 
Net realized gains (losses)$— $— $(1,087)$5 
Change in unrealized gains(1,442)33 32 139 
Net realized and unrealized gains (losses) on other investments$(1,442)$33 $(1,055)$144