General form of registration statement for all companies including face-amount certificate companies

Equity Method Investments (Tables)

v3.21.2
Equity Method Investments (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]    
Summary of Balance Sheet Information for the Company's Equity Method Investments The following tables present summarized financial information for the Company’s equity method investments as of September 30, 2021 and December 31, 2020 and for the three and nine months ended September 30, 2021, and September 30, 2020.
Summarized balance sheets
  
September 30,
2021
 
  
December 31,
2020
 
 
  
(in thousands)
 
Current assets
  
$
73,494
 
  
$
64,355
 
Non-current
assets
  
 
6,305
 
  
 
7,468
 
 
  
 
 
 
  
 
 
 
Total assets
  
$
79,799
 
  
$
71,823
 
 
  
 
 
 
  
 
 
 
Current liabilities
  
$
59,139
 
  
$
57,040
 
Non-current
liabilities
  
 
896
 
  
 
6,589
 
 
  
 
 
 
  
 
 
 
Total liabilities
  
$
60,035
 
  
$
63,629
 
 
  
 
 
 
  
 
 
 
The following tables present summarized financial information for the Company’s equity method investments as of and for the years ended December 31, 2020 and 2019.
 
    
December 31,
 
Summarized balance sheets
  
2020
    
2019
 
    
(in thousands)
 
Current assets
   $ 64,355      $ 62,208  
Non-current
assets
     7,468        11,319  
    
 
 
    
 
 
 
Total assets
     71,823        73,527  
    
 
 
    
 
 
 
Current liabilities
     57,040        24,222  
Non-current
liabilities
     6,589        36,543  
    
 
 
    
 
 
 
Total liabilities
   $ 63,629      $ 60,765  
    
 
 
    
 
 
 
Summary of Statements of Operation Information for the Company's Equity Method Investments
 
  
Three Months Ended
September 30,
 
  
Nine Months Ended
September 30,
 
Summarized statements of operations
  
2021
 
  
2020
 
  
2021
 
  
2020
 
 
  
(in thousands)
 
  
(in thousands)
 
Revenue
  
$
3,494
 
  
$
9,604
 
  
$
24,212
 
  
$
12,946
 
Gross margin
  
$
553
 
  
$
1,381
 
  
$
7,110
 
  
$
1,924
 
Net income/(loss)
  
$
(1,590
  
$
184
 
  
$
570
 
  
$
(1,494
    
Year Ended December 31,
 
Summarized statements of operations
  
    2020    
    
    2019    
 
    
(in thousands)
 
Revenue
   $ 14,917      $ 2,676  
Gross margin
   $ 2,636      $ 711  
Net loss
   $ (1,873    $ (3,116