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Short-term Investments (Tables)
12 Months Ended
Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]  
Short-Term Investments Available-for-Sale Securities
Short-term investments consisted of available-for-sale and equity securities as follows (in thousands):
Type of securities as of December 31, 2020Amortized costGross
unrealized
gains
Gross
unrealized
losses
Fair value
Corporate debt securities$22,338 $71 $— $22,409 
U.S. government-related debt securities5,000 — 5,003 
Asset-backed securities1,462 — 1,471 
Total available-for-sale debt securities$28,800 $83 $— $28,883 
Type of securities as of December 31, 2019Amortized costGross
unrealized
gains
Gross
unrealized
losses
Fair value
Corporate debt securities$78,243 $89 $(2)$78,330 
U.S. government-related debt securities26,966 37 — 27,003 
Asset-backed securities11,950 21 — 11,971 
Total available-for-sale debt securities117,159 147 (2)117,304 
Corporate equity securities9,893 625 — 10,518 
Total short-term investment securities$127,052 $772 $(2)$127,822 
Fair Values of Available-for-Sale Securities by Contractual Maturity
The fair values of available-for-sale debt securities by contractual maturity at December 31 were as follows (in thousands):
20202019
Maturing in one year or less$28,883 $101,751 
Maturing in one to three years— 15,553 
Total available-for-sale debt securities28,883 117,304