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Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2019
Marketable Securities  
Summary of investments

The following table summarizes the Company’s investments as of June 30, 2019 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

Amortized

 

Unrealized

 

Estimated

 

    

Cost

    

Gains

    

Losses

    

Fair Value

Marketable securities available-for-sale:

 

 

  

 

 

 

 

 

  

 

 

  

U.S. Treasury obligations

 

$

71,275

 

$

58

 

$

 —

 

$

71,333

Total available-for-sale securities

 

$

71,275

 

$

58

 

$

 —

 

$

71,333

 

The following table summarizes the Company’s investments as of December 31, 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

Amortized

 

Unrealized

 

Estimated

 

    

Cost

    

Gains

    

Losses

    

Fair Value

Marketable securities available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury obligations

 

$

60,584

 

$

 —

 

$

(8)

 

$

60,576

Total available-for-sale securities

 

$

60,584

 

$

 —

 

$

(8)

 

$

60,576