Credit Risk and Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2020

Receivables [Abstract]

Schedule of Accounts Receivable

The following table sets forth the composition of the Company’s accounts receivable, net as of June 30, 2020 and December 31, 2019:

(in thousands)	June 30, 2020			December 31, 2019
Accounts receivable	$	34,349		$	25,503
Less: Allowance for credit losses	(1,119		)	(269		)
Accounts receivable, net	$	33,230		$	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 six months ended June 30, 2020 and 2019:

	Six Months Ended June 30,
(in thousands)	2020			2019
Balance as of January 1	$	428		$	384
Provision for expected credit losses	989			909
(Write-offs) recoveries of accounts receivable	(298		)	70
Balance as of June 30	$	1,119		$	1,363