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Investments
3 Months Ended
Mar. 31, 2020
Investments Debt And Equity Securities [Abstract]  
Investments

4.

Investments

Investments by security type consisted of the following at March 31, 2020 and December 31, 2019:

 

 

 

March 31, 2020

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gain

 

 

Gross

Unrealized

Loss

 

 

Fair

Value

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

$

11,466

 

 

$

 

 

$

 

 

$

11,466

 

Corporate bonds

 

 

8,781

 

 

 

 

 

 

(10

)

 

 

8,771

 

 

 

$

20,247

 

 

$

 

 

$

(10

)

 

$

20,237

 

 

 

 

 

December 31, 2019

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gain

 

 

Gross

Unrealized

Loss

 

 

Fair

Value

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial Paper

 

$

11,957

 

 

$

 

 

$

 

 

$

11,957

 

Corporate Bonds

 

 

17,732

 

 

 

3

 

 

 

(2

)

 

 

17,733

 

 

 

$

29,689

 

 

$

3

 

 

$

(2

)

 

$

29,690

 

 

Investments with original maturities of less than 90 days are included in cash and cash equivalents on the condensed consolidated balance sheets and are not included in the table above. Investments with maturities of less than 12 months are considered current and those investments with maturities greater than 12 months are considered non-current assets.

 

Excluded from the table above in a restricted investment of $1,400 as the cost approximates current fair value.