Fair Value (Tables)

12 Months Ended

Dec. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements

The following table presents the items measured at fair value as of December 31, 2020 and December 31, 2019:

	Fair Value
	December 31, 2020		December 31, 2019
Cash and cash equivalents:
Money market fund (Level 1)	$	197,835	—
Short-term investments:
Short-term investments (Level 1) (1)	571,741		—
Commercial paper (Level 2)	—		42,500

(1) The Company's short-term investments are in a short-duration bond fund and a managed income fund that are designed to deliver current income consistent with the preservation of capital through investing in high-and medium grade fixed income securities. The investments are readily convertible into cash.