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Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2021
Marketable Securities [Abstract]  
Summary of Available-for-Sale Debt Securities

The following table summarizes the available-for-sale debt securities held at March 31, 2021 and December 31, 2020 and (in thousands):

 

Description

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair

Value

 

March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

$

288,541

 

 

$

16

 

 

$

 

 

$

288,557

 

Corporate securities

 

 

93,557

 

 

 

 

 

 

(36

)

 

 

93,521

 

Total

 

$

382,098

 

 

$

16

 

 

$

(36

)

 

$

382,078

 

 

Description

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair

Value

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

$

324,917

 

 

$

 

 

$

(53

)

 

$

324,864

 

Corporate securities

 

 

102,946

 

 

 

 

 

 

(81

)

 

 

102,865

 

Total

 

$

427,863

 

 

$

 

 

$

(134

)

 

$

427,729