Annual report pursuant to Section 13 and 15(d)

Marketable Securities (Tables)

v3.20.1
Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2019
Investments Debt And Equity Securities [Abstract]  
Summary of Investments in Marketable Securities

The Company invests its excess cash in money market funds and debt instruments of financial institutions, corporations, government sponsored entities and municipalities. The Company had no investments in marketable securities at December 31, 2019, the following tables summarize the Company’s investments in marketable securities at December 31, 2018 (in thousands):

 

As of December 31, 2018

 

Maturity

(in years)

 

Amortized Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Estimated

Fair Value

 

Corporate debt securities

 

1 or less

 

$

29,144

 

 

$

 

 

$

(17

)

 

$

29,127

 

Total

 

 

 

$

29,144

 

 

$

 

 

$

(17

)

 

$

29,127