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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Summary of Investments Measured at Fair Value
The following is a summary of our investments measured at fair value at September 30, 2020:
TotalLevel 1Level 2Level 3
 (In thousands)
Equity securities
Mutual funds$6,120 $— $6,120 $— 
Available-for-sale securities
U.S. Government and agency securities2,304 2,304 — — 
Corporate bonds2,739 1,344 1,395 — 
Asset-backed securities and collateralized mortgage obligations
67 — 67 — 
Total$11,230 $3,648 $7,582 $— 
The following is a summary of our investments measured at fair value at December 31, 2019:
TotalLevel 1Level 2Level 3
 (In thousands)
Equity securities
Equities$2,172 $— $2,172 $— 
Mutual funds5,685 — 5,685 — 
Available-for-sale securities
U.S. Government and agency securities2,044 2,044 — — 
Corporate bonds3,483 1,855 1,628 — 
Asset-backed securities and collateralized mortgage obligations
79 — 79 — 
Total$13,463 $3,899 $9,564 $—