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Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]  
Summary of available-for-sale securities
The following is a summary of available-for-sale securities at:
($ in thousands)
 
June 30, 2019
 
December 31, 2018
Marketable Securities:
Fair Value
Hierarchy
Cost
 
Fair Value
 
Cost
 
Fair Value
Certificates of deposit
 
 
 
 
 
 
 
 
with unrecognized losses for less than 12 months
 
$
498

 
$
497

 
$
250

 
$
248

with unrecognized losses for more than 12 months
 
4,012

 
4,005

 
3,861

 
3,812

with unrecognized gains
 

 

 

 

Total Certificates of deposit
Level 1
4,510

 
4,502

 
4,111

 
4,060

U.S. Treasury and agency notes
 
 
 
 
 
 
 
 
with unrecognized losses for less than 12 months
 
3,888

 
3,883

 
3,112

 
3,105

with unrecognized losses for more than 12 months
 
10,861

 
10,845

 
23,564

 
23,415

with unrecognized gains
 
11,574

 
11,587

 
3

 
4

Total U.S. Treasury and agency notes
Level 2
26,323

 
26,315

 
26,679

 
26,524

Corporate notes
 
 
 
 
 
 
 
 
with unrecognized losses for less than 12 months
 
1,898

 
1,897

 
13,696

 
13,665

with unrecognized losses for more than 12 months
 
6,000

 
5,990

 
12,542

 
12,431

with unrecognized gains
 
11,098

 
11,114

 

 

Total Corporate notes
Level 2
18,996

 
19,001

 
26,238

 
26,096

Municipal notes
 
 
 
 
 
 
 
 
with unrecognized losses for less than 12 months
 

 

 
2,994

 
2,982

with unrecognized losses for more than 12 months
 
1,417

 
1,416

 
4,116

 
4,087

with unrecognized gains
 
5,260

 
5,267

 

 

Total Municipal notes
Level 2
6,677

 
6,683

 
7,110

 
7,069

 
 
$
56,506

 
$
56,501

 
$
64,138

 
$
63,749

Summary of maturities, at par, of marketable securities by year
The following tables summarize the maturities, at par, of marketable securities as of:
 
June 30, 2019
($ in thousands)
2019
 
2020
 
2021
 
Total
Certificates of deposit
$
2,459

 
$
2,049

 
$

 
$
4,508

U.S. Treasury and agency notes
13,566

 
12,323

 
500

 
26,389

Corporate notes
3,923

 
14,685

 
400

 
19,008

Municipal notes
4,676

 
2,000

 

 
6,676

 
$
24,624

 
$
31,057

 
$
900

 
$
56,581

 
 
December 31, 2018
($ in thousands)
2019
 
2020
 
2021
 
Total
Certificates of deposit
$
2,311

 
$
1,799

 
$

 
$
4,110

U.S. Treasury and agency notes
17,574

 
9,174

 

 
26,748

Corporate notes
18,671

 
7,150

 
400

 
26,221

Municipal notes
5,111

 
2,000

 

 
7,111

 
$
43,667

 
$
20,123

 
$
400

 
$
64,190