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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 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 years ended December 31, 2019 and 2018 (in thousands):
Cash, Cash Equivalents, and Restricted Cash
Year Ended
December 31,
 
2019
 
2018
Cash and cash equivalents
$
144,804

 
$
224,868

Restricted cash
803

 
926

Total cash, cash equivalents, and restricted cash
$
145,607

 
$
225,794


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 years ended December 31, 2019 and 2018 (in thousands):
Cash, Cash Equivalents, and Restricted Cash
Year Ended
December 31,
 
2019
 
2018
Cash and cash equivalents
$
144,804

 
$
224,868

Restricted cash
803

 
926

Total cash, cash equivalents, and restricted cash
$
145,607

 
$
225,794


Average Estimated Useful Lives of Property Plant and Equipment
The following table sets forth the average estimated useful lives at acquisition of the Company’s property, plant and equipment, by asset category:
Asset category
 
Depreciable Life (years)
Buildings
 
30 - 50
Building and leasehold improvements
 
10 - 20
Furniture and equipment
 
7 - 20
Automobiles
 
5 - 7
Computer hardware and software
 
3 - 5

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes the basis used to measure the fair values of the Company’s financial instruments (in thousands):
 
 
 
Fair Value Measurements at Reporting Date, Using:
Description
December 31,
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
$
144,804

 
$
144,804

 
$

 
$

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

 
$

 
$