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Cash, Cash Equivalents and Investments (Tables)
12 Months Ended
Dec. 31, 2018
Cash and Cash Equivalents [Abstract]  
Summary of Cash, Cash Equivalents and Held-to-Maturity Investments by Type
The following tables summarize the Company's cash, cash equivalents, and held-to-maturity investments at December 31, 2018 and December 31, 2017 (in thousands):
 
As of December 31, 2018
 
Amortized Cost
 
Gross Unrealized Losses
 
Fair Value
 
Cash and Cash Equivalents
 
Short-Term Investments
Cash
$
144,095

 
$

 
$
144,095

 
$
144,095

 
$

 
 
 
 
 
 
 
 
 
 
Level 1:
 
 
 
 
 
 
 
 
 
Money market funds
205,367

 

 
205,367

 
205,367

 

Total
$
349,462

 
$

 
$
349,462

 
$
349,462

 
$


 
As of December 31, 2017
 
Amortized Cost
 
Gross Unrealized Losses
 
Fair Value
 
Cash and Cash Equivalents
 
Short-Term Investments
Cash
$
53,459

 
$

 
$
53,459

 
$
53,459

 
$

 
 
 
 
 
 
 
 
 
 
Level 1:
 
 
 
 
 
 
 
 
 
Money market funds
20,884

 

 
20,884

 
20,884

 

Corporate bonds
6,632

 
(6
)
 
6,626

 

 
6,632

Subtotal
27,516

 
(6
)
 
27,510

 
20,884

 
6,632

 
 
 
 
 
 
 
 
 
 
Level 2:
 
 
 
 
 
 
 
 
 
State and municipal obligations
992

 

 
992

 
762

 
230

Subtotal
992

 

 
992

 
762

 
230

Total
$
81,967

 
$
(6
)
 
$
81,961

 
$
75,105

 
$
6,862