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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2020
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 condensed consolidated statement of cash flows for the three month periods ended March 31, 2020 and 2019 (in thousands):

Cash, Cash Equivalents, and Restricted CashThree Months Ended
March 31,
 20202019
Cash and cash equivalents$72,181  $184,090  
Restricted cash730  785  
Total cash, cash equivalents, and restricted cash$72,911  $184,875  
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 condensed consolidated statement of cash flows for the three month periods ended March 31, 2020 and 2019 (in thousands):

Cash, Cash Equivalents, and Restricted CashThree Months Ended
March 31,
 20202019
Cash and cash equivalents$72,181  $184,090  
Restricted cash730  785  
Total cash, cash equivalents, and restricted cash$72,911  $184,875  
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:
DescriptionMarch 31, 2020Quoted Prices
in Active
Markets for
Identical Items
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Cash and cash equivalents$72,181  $72,181  $—  $—  

DescriptionDecember 31, 2019Quoted 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  $—  $—