REALIZED AND UNREALIZED GAINS (LOSSES)
|12 Months Ended|
Dec. 31, 2022
|Investment Company [Abstract]|
|REALIZED AND UNREALIZED GAINS (LOSSES)||REALIZED AND UNREALIZED GAINS (LOSSES)
Realized gains (losses) in the consolidated and combined statements of operations consist primarily of the realized and unrealized gains and losses on investments and other financial instruments, including the General Partner Notes Payable for which the fair value option has been elected. Unrealized gains or losses result from changes in the fair value of these investments and other financial instruments during a period. Upon disposition of an investment or financial instrument, previously recognized unrealized gains or losses are reversed and an offsetting realized gain or loss is recognized in the current period.
The following table summarizes realized gains (losses) on investments and other financial instruments for the years ended December 31, 2022 and 2021 (in thousands):
The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef