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Fair Value Measurements (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Oct. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
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 | Convertible Notes      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair value of long-term debt   $ 0 $ 491,800
Recurring | Available-for-sale securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   968,276 878,977
Recurring | Liquid demand deposits      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   945,587 642,095
Recurring | U.S. Treasury securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets     200,418
Recurring | Municipal securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   22,689 36,464
Recurring | Level 1 | Available-for-sale securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   945,587 842,513
Recurring | Level 1 | Liquid demand deposits      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   945,587 642,095
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
Recurring | Level 2 | Available-for-sale securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   22,689 36,464
Recurring | Level 2 | Municipal securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total financial assets   $ 22,689 $ 36,464