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Fair Value Measurements (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Oct. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Line Of Credit-UBS      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Line of credit facility, fair value of amount outstanding   $ 80,400 $ 80,400
Line Of Credit-UBS | SOFR      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Spread on interest rate (as a percent) 0.50% 0.50% 1.21%
Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair value of long-term debt   $ 491,800 $ 358,400
Recurring | Available-for-sale securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   878,977 898,392
Recurring | Liquid demand deposits      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   642,095 466,091
Recurring | U.S. Treasury securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   200,418 346,057
Recurring | Corporate bonds and notes      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets     23,529
Recurring | Municipal securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   36,464 62,715
Recurring | Level 1 | Available-for-sale securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   842,513 812,148
Recurring | Level 1 | Liquid demand deposits      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   642,095 466,091
Recurring | Level 1 | U.S. Treasury securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   200,418 346,057
Recurring | Level 2 | Available-for-sale securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   36,464 86,244
Recurring | Level 2 | Corporate bonds and notes      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets     23,529
Recurring | Level 2 | Municipal securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   $ 36,464 $ 62,715