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Credit Risk and Allowance for Credit Losses (Tables)
3 Months Ended
Mar. 31, 2020
Receivables [Abstract]  
Schedule of Accounts Receivable
The following table sets forth the composition of accounts receivable, net as of March 31, 2020 and December 31, 2019:
(in thousands)
March 31, 2020
 
December 31, 2019
Accounts receivable
$
24,476

 
$
25,503

Less: Allowance for credit losses
(510
)
 
(269
)
Accounts receivable, net
$
23,966

 
$
25,234


Schedule of Allowance for Credit Losses
The following table sets forth a summary of the changes in the Company’s allowance for credit losses related to accounts receivable for the three months ended March 31, 2020 and 2019:
 
 
Three Months Ended March 31,
(in thousands)
 
2020
 
2019
Balance as of January 1
 
$
428

 
$
384

Provision for expected credit losses
 
82

 
325

Balance as of March 31
 
$
510

 
$
709