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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2019
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The following table sets forth the components of the Company’s cash, cash equivalents, and restricted cash as reported in the consolidated statement of cash flows for the six month periods ended June 30, 2019 and 2018 (in thousands):
Cash, Cash Equivalents, and Restricted Cash
Six Months Ended
June 30,
 
2019
 
2018
Cash and cash equivalents
$
178,264

 
$
296,782

Restricted cash
803

 
837

Total cash, cash equivalents, and restricted cash
$
179,067

 
$
297,619


Restrictions on Cash and Cash Equivalents
The following table sets forth the components of the Company’s cash, cash equivalents, and restricted cash as reported in the consolidated statement of cash flows for the six month periods ended June 30, 2019 and 2018 (in thousands):
Cash, Cash Equivalents, and Restricted Cash
Six Months Ended
June 30,
 
2019
 
2018
Cash and cash equivalents
$
178,264

 
$
296,782

Restricted cash
803

 
837

Total cash, cash equivalents, and restricted cash
$
179,067

 
$
297,619


Basis Used to Measure the Fair Value of Financial Instruments
The following table summarizes the basis used to measure the fair values of the Company’s financial instruments (amounts in thousands):
 
 
 
Fair Value Measurements at Reporting Date, Using:
Description
June 30, 2019
 
Quoted Prices
in Active
Markets for
Identical Items
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Cash and cash equivalents
$
178,264

 
$
178,264

 
$

 
$

Nicox stock with lockup provisions
15

 

 

 
15

Total assets
$
178,279

 
$
178,264

 
$

 
$
15

 
Description
December 31, 2018
 
Quoted Prices
in Active
Markets for
Identical Items
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Cash and cash equivalents
$
224,868

 
$
224,868

 
$

 
$

Nicox stock with lockup provisions
18

 

 

 
18

Total assets
$
224,886

 
$
224,868

 
$

 
$
18