Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2021

Financial Instruments [Abstract]

Cash and Available for Sale Securities Adjusted Cost, Gross Unrealized Gains, Gross Unrealized Losses, and Fair Value by Significant Investment Category

The following tables present the Company’s cash and financial assets that are measured at fair value on a recurring basis for each of the hierarchy levels (in thousands):

	June 30, 2021
		Cost		Unrealized Gains		Accrued Interest		Estimated Fair Value		Cash & Cash Equivalents		Investment Securities
Cash	$	182,694	$	-	$	-	$	182,694	$	182,694	$	-
Level 1:
Money market accounts		9,293		-		-		9,293		9,293		-
Government & agency securities		1,403		26		-		1,429		-		1,429
		10,696		26		-		10,722		9,293		1,429
Level 2:
Municipal bonds		3,921		28		62		4,011		-		4,011
Total	$	197,311	$	54	$	62	$	197,427	$	191,987	$	5,440

	December 31, 2020
		Cost		Unrealized Gains		Accrued Interest		Estimated Fair Value		Cash & Cash Equivalents		Investment Securities
Cash	$	159,754	$	-	$	-	$	159,754	$	159,754	$	-
Level 1:
Money market accounts		3,969		-		-		3,969		3,969		-
Government & agency securities		2,829		45		-		2,874		-		2,874
		6,798		45		-		6,843		3,969		2,874
Level 2:
Municipal bonds		7,689		42		147		7,878		-		7,878
Total	$	174,241	$	87	$	147	$	174,475	$	163,723	$	10,752