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Fair Value Measurements (Tables) | 3 Months Ended
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Mar. 31, 2023
Fair Value Disclosures [Abstract] |
Schedule of Financial Instruments Measured at Fair Value | The following table sets forth the Company’s financial instruments that are measured at fair value on a recurring basis based on the three-tier fair value hierarchy (in thousands):
|  |  |  |  |  | As of March 31, 2023
|  | Balance Sheet Location |  | Total |  | Level 1 |  | Level 2 |  | Level 3
Financial Assets: |  |  |  |  |  |  |  |  |  |
Money market funds(1) |  | Cash and cash equivalents |  | $ | 910,521 |  |  | $ | 910,521 |  |  | $ | — |  |  | $ | — |
Interest rate swaps |  | Prepaid expenses and other current assets |  | $ | 12,033 |  |  | $ | — |  |  | $ | 12,033 |  |  | $ | — |
Total financial assets |  |  |  | $ | 922,554 |  |  | $ | 910,521 |  |  | $ | 12,033 |  |  | $ | — |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | Other non-current liabilities |  | $ | 10,947 |  |  | $ | — |  |  | $ | 10,947 |  |  | $ | — |
|  |  |  |  |  | As of December 31, 2022
|  | Balance Sheet Location |  | Total |  | Level 1 |  | Level 2 |  | Level 3
Financial Assets: |  |  |  |  |  |  |  |  |  |
Money market funds(1) |  | Cash and cash equivalents |  | $ | 604,399 |  |  | $ | 604,399 |  |  | $ | — |  |  | $ | — |
Interest rate swaps |  | Prepaid expenses and other current assets |  | $ | 7,319 |  |  | $ | — |  |  | $ | 7,319 |  |  | $ | — |
Total financial assets |  |  |  | $ | 611,718 |  |  | $ | 604,399 |  |  | $ | 7,319 |  |  | $ | — |
(1) Includes balances in money market deposit accounts of $780.2 million and $524.2 million as of March 31, 2023 and December 31, 2022, respectively.

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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