Investment in Silver Creek	12 Months Ended
Dec. 31, 2019
Noncontrolling Interest [Abstract]
Investment in Silver Creek	3. Investment in Silver Creek As of December 31, 2018, the Company held an equity investment in Silver Creek, which was accounted for as an equity method investment. The carrying value of the investment in Silver Creek was $7.4 million at December 31, 2018. During the year ended December 31, 2018, the Company recorded a loss associated with Silver Creek of $3.1 million as a component of other (expense) income, net in the consolidated statements of operations and comprehensive loss, representing its proportionate share of Silver Creek’s losses during the year ended December 31, 2018. As of May 7, 2019, the carrying value of the Company’s investment in Silver Creek was $6.4 million. During the year ended December 31, 2019, the Company recorded a loss associated with Silver Creek of $1.0 million as a component of other (expense) income, net in the consolidated statements of operations and comprehensive loss, representing its proportionate share of Silver Creek’s losses during the period from January 1, 2019 to May 7, 2019. On May 7, 2019, the Company sold its entire equity position in Silver Creek for $7.8 million. Accordingly, a $1.4 million of gain on sale of its equity investment was recognized during the year ended December 31, 2019 within other (expense) income, net in the consolidated statement of operations and comprehensive loss.

Investment in Silver Creek

12 Months Ended

Dec. 31, 2019

3. Investment in Silver Creek

As of December 31, 2018, the Company held an equity investment in Silver Creek, which was accounted for as an equity method investment. The carrying value of the investment in Silver Creek was $7.4 million at December 31, 2018. During the year ended December 31, 2018, the Company recorded a loss associated with Silver Creek of $3.1 million as a component of other (expense) income, net in the consolidated statements of operations and comprehensive loss, representing its proportionate share of Silver Creek’s losses during the year ended December 31, 2018.

As of May 7, 2019, the carrying value of the Company’s investment in Silver Creek was $6.4 million. During the year ended December 31, 2019, the Company recorded a loss associated with Silver Creek of $1.0 million as a component of other (expense) income, net in the consolidated statements of operations and comprehensive loss, representing its proportionate share of Silver Creek’s losses during the period from January 1, 2019 to May 7, 2019. On May 7, 2019, the Company sold its entire equity position in Silver Creek for $7.8 million. Accordingly, a $1.4 million of gain on sale of its equity investment was recognized during the year ended December 31, 2019 within other (expense) income, net in the consolidated statement of operations and comprehensive loss.