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Fair Value Disclosures (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures  
Schedule of fair value disclosures

Fair Value Hierarchy

Inputs to Fair Value Methodology

Level 1

Quoted prices in active markets for identical assets or liabilities

Level 2

Quoted prices for similar assets or liabilities; quoted markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the financial instrument; inputs other than quoted prices that are observable for the asset or liability; or inputs that are derived principally from, or corroborated by, observable market information

Level 3

Pricing models, discounted cash flow methodologies, or similar techniques and at least one significant model assumption is unobservable or when the estimation of fair value requires significant management judgment

 

The Company categorizes a financial instrument in the fair value hierarchy based on the lowest level of input that is significant to its fair value measurement.

 

 

 

As of December 31, 2021

 

 

 

Quoted Market Prices in Active Markets

(Level 1)

 

 

Internal Models with Significant Observable

Market Parameters

(Level 2)

 

 

Internal Models

with Significant Unobservable

Market Parameters

(Level 3)

 

 

Total Fair Value

Reported in

Financial Statements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mutual Funds

 

$

 

 

$

 

 

$

 

 

$

 

 

 

 

As of December 31, 2020

 

 

 

Quoted Market Prices in Active Markets

(Level 1)

 

 

Internal Models with Significant Observable

Market Parameters

(Level 2)

 

 

Internal Models

with Significant Unobservable

Market Parameters

(Level 3)

 

 

Total Fair Value

Reported in

Financial Statements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mutual Funds

 

$1,228

 

 

$

 

 

$

 

 

$1,228