Annual report pursuant to Section 13 and 15(d)

Financial Instruments (Tables)

v3.24.1
Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2023
Text Block [Abstract]  
Summary of fair value hierarchy of Company's financial assets and financial liabilities

The following table summarizes the fair value hierarchy for the Company’s financial assets and financial liabilities that are re-measured at their fair values periodically:

 

 

 

As of December 31, 2023

 

 

As of December 31, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Financial assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long term investments - other (1)

 

$

 

56

 

 

$

 

 

 

$

 

679

 

 

$

 

735

 

 

$

 

130

 

 

$

 

 

 

$

 

102

 

 

$

 

232

 

 

(1)
Long-term investments – other are included in the investments balance on the consolidated balance sheets.
Summary Of Changes In Level One and Level Three Financial Assets

The following table summarizes the changes in Level 1 and Level 3 financial assets:

 

 

 

Financial Assets

 

 

 

 

4 Front Venture Corp.

 

 

 

Island Thyme LLC

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2021

 

$

 

568

 

 

$

 

 

Additions

 

 

 

 

 

 

 

102

 

Revaluations

 

 

 

(438

)

 

 

 

 

Balance as of December 31, 2022

 

$

 

130

 

 

$

 

102

 

Additions

 

 

 

 

 

 

 

760

 

Revaluations

 

 

 

(74

)

 

 

 

 

Loss on equity method investments

 

 

 

 

 

 

 

(183

)

Balance as of December 31, 2023

 

$

 

56

 

 

$

 

679

 

Summary of long-term debt instruments at their carrying value and fair value

The following table summarizes the Company’s long-term debt instruments (Note 9) at their carrying value and fair value:

 

 

 

As of December 31, 2023

 

 

As of December 31, 2022

 

 

 

Carrying Value

 

 

Fair Value

 

 

Carrying Value

 

 

Fair Value

 

June Unsecured Debentures

 

$

 

18,856

 

 

$

 

17,301

 

 

$

 

16,175

 

 

$

 

14,787

 

June Secured Debentures

 

 

 

130,103

 

 

 

 

118,118

 

 

 

 

116,340

 

 

 

 

103,612

 

Secured Notes

 

 

 

15,565

 

 

 

 

15,414

 

 

 

 

13,852

 

 

 

 

13,694

 

Other

 

 

 

752

 

 

 

 

772

 

 

 

 

945

 

 

 

 

819

 

Total

 

$

 

165,276

 

 

$

 

151,605

 

 

$

 

147,312

 

 

$

 

132,912