Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Summary of financial assets measured at fair value on a recurring basis

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis at March 31, 2022 and December 31, 2021 by level within the fair value hierarchy. Financial assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement (in thousands):

	At March 31, 2022								At December 31, 2021
							Total Fair								Total Fair
	Level 1		Level 2		Level 3		Value		Level 1		Level 2		Level 3		Value
Assets:
Cash equivalents	$	223,344	$	—	$	—	$	223,344	$	234,763	$	—	$	—	$	234,763
Derivative asset	$	—	$	—	$	2,850	$	2,850	$	—	$	—	$	—	$	—
Total assets	$	223,344	$	—	$	2,850	$	226,194	$	234,763	$	—	$	—	$	234,763