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Cash and Cash Equivalents (Tables)
6 Months Ended
Jun. 30, 2020
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
June 30,
As of December 31,
20202019
(in thousands)
(unaudited)
Cash$53,447  $59,455  
Cash equivalents21,492  44,751  
Restricted cash - letters of credit9,611  9,769  
Total cash and cash equivalents$84,550  $113,975  
Restrictions on Cash and Cash Equivalents
The carrying values of the Company’s cash and cash equivalents are as follows:
As of
June 30,
As of December 31,
20202019
(in thousands)
(unaudited)
Cash$53,447  $59,455  
Cash equivalents21,492  44,751  
Restricted cash - letters of credit9,611  9,769  
Total cash and cash equivalents$84,550  $113,975