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Fair Value (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets Measured at Fair Value

The Company’s financial assets measured at fair value are as follows (in thousands):

 

 

 

September 30, 2020

 

 

December 31, 2019

 

 

 

Fair Value

 

 

Level 1

 

 

Fair Value

 

 

Level 1

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

975,685

 

 

$

975,685

 

 

$

463,820

 

 

$

463,820

 

Money market funds

 

 

71,793

 

 

 

71,793

 

 

 

51,659

 

 

 

51,659

 

Restricted cash

 

 

746

 

 

 

746

 

 

 

1,854

 

 

 

1,854

 

Total assets measured and recorded at fair value

 

$

1,048,224

 

 

$

1,048,224

 

 

$

517,333

 

 

$

517,333