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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Major Categories of Assets and Liabilities Measured at Fair Value on Recurring Basis

Included in the following tables are the Company’s major categories of assets and liabilities measured at fair value on a recurring basis as of September 30, 2020 and December 31, 2019:

 

 

 

September 30, 2020

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Commercial paper

 

$

 

 

$

89,843

 

 

$

 

 

$

89,843

 

     Certificates of deposit

 

$

 

 

$

190,388

 

 

$

 

 

$

190,388

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Interest rate swap

 

$

 

 

$

2,976

 

 

$

 

 

$

2,976

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Commercial paper

 

$

 

 

$

79,591

 

 

$

 

 

$

79,591

 

     Certificates of deposit

 

$

 

 

$

75,000

 

 

$

 

 

$

75,000

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Interest rate swap

 

$

 

 

$

1,358

 

 

$

 

 

$

1,358