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CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables)
3 Months Ended
Mar. 31, 2021
Cash And Cash Equivalents [Abstract]  
Schedule of Cash, Cash Equivalents

The following table provides details regarding the Company’s portfolio of cash and cash equivalents (in thousands):

 

 

 

Amortized

 

 

Unrealized

 

 

Aggregate Fair

 

Cash and Cash Equivalents Classification

 

Cost

 

 

Gains

 

 

(Losses)

 

 

Market Value

 

March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash accounts in banking institutions

 

$

160,850

 

 

$

 

 

$

 

 

$

160,850

 

Money market accounts

 

 

16,438

 

 

 

 

 

 

 

 

 

16,438

 

U.S. Government bonds

 

 

548,997

 

 

 

 

 

 

(6

)

 

 

548,991

 

 

 

$

726,285

 

 

$

 

 

$

(6

)

 

$

726,279

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash accounts in banking institutions

 

$

163,779

 

 

$

 

 

$

 

 

$

163,779

 

Money market accounts

 

 

17,261

 

 

 

 

 

 

 

 

 

17,261

 

U.S. Government bonds

 

 

448,970

 

 

 

6

 

 

 

(4

)

 

 

448,972

 

 

 

$

630,010

 

 

$

6

 

 

$

(4

)

 

$

630,012

 

Schedule of Short-Term Investments

The following table provides details regarding the Company’s portfolio of short-term investments (in thousands):

 

 

 

Amortized

 

 

Unrealized

 

 

Aggregate Fair

 

Short-term Investments Classification

 

Cost

 

 

Gains

 

 

(Losses)

 

 

Market Value

 

March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Certificates of deposit

 

$

720

 

 

$

 

 

$

 

 

$

720

 

 

 

$

720

 

 

$

 

 

$

 

 

$

720

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government bonds

 

$

99,929

 

 

$

67

 

 

$

 

 

$

99,996

 

 

 

$

99,929

 

 

$

67

 

 

$

 

 

$

99,996