Cash and Cash Equivalents (Tables)

9 Months Ended

Sep. 30, 2019

Cash and Cash Equivalents [Abstract]

Cash and cash equivalents

The carrying values of the Company’s cash and cash equivalents are as follows:

	As of September 30,		As of December 31,
	2019		2018
	(in thousands)
	(unaudited)
Cash	$	54,824	$	80,400
Cash equivalents	52,961		72,193
Restricted cash - letters of credit	9,689		3,781
Total cash and cash equivalents	$	117,474	$	156,374

Restrictions on Cash and Cash Equivalents

The carrying values of the Company’s cash and cash equivalents are as follows:

	As of September 30,		As of December 31,
	2019		2018
	(in thousands)
	(unaudited)
Cash	$	54,824	$	80,400
Cash equivalents	52,961		72,193
Restricted cash - letters of credit	9,689		3,781
Total cash and cash equivalents	$	117,474	$	156,374