Short-term Investments: Investment in Viking
|12 Months Ended|
Dec. 31, 2020
|Organization, Consolidation and Presentation of Financial Statements [Abstract]|
|Short-term Investments: Investment in Viking||Short-term Investments: Investment in VikingOur ownership in Viking was approximately 9.8% as of December 31, 2020, and we account for it as an investment in available-for-sale securities, which is measured at fair value, with changes in fair value recognized in net income. Viking is considered a related party as we maintain a seat on Viking's board of directors and we do not exert significant influence over Viking.As of December 31, 2020 and December 31, 2019, we recorded our common stock in Viking in "short-term investments" at fair value of $32.8 million and $48.4 million, respectively. We also have outstanding warrants to purchase 1.5 million shares of Viking's common stock at an exercise price of $1.50 per share. We recorded the warrants in Viking in "short-term investments" in our consolidated balance sheets at fair value of $6.3 million and $9.9 million at December 31, 2020 and 2019, respectively. See further discussion in “Note (5), Fair Value Measurement.”|
The entire disclosure for a variable interest entity (VIE), including but not limited to, judgments and assumptions in determining whether to consolidate and in identifying the primary beneficiary, gain (loss) recognized on the initial consolidation of the VIE, terms of arrangements, amounts and classification of the VIE's assets and liabilities, and the entity's maximum exposure to loss.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef