XML 34 R23.htm IDEA: XBRL DOCUMENT v3.22.2.2
Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Investments

Investments consist of the following as of September 30, 2022 and December 31, 2021 (dollars in thousands):

 

 

 

September 30, 2022

 

 

 

 

 

 

Gross Unrealized

 

 

 

 

 

 

Cost

 

 

Gain

 

 

(Loss)

 

 

Fair Value

 

Short-term investments (available for sale):

 

 

 

 

 

 

 

 

 

 

 

 

Municipal bonds

 

$

3,026

 

 

$

-

 

 

$

(26

)

 

$

3,000

 

Non-governmental debt securities

 

 

211,819

 

 

 

-

 

 

 

(3,418

)

 

 

208,401

 

Treasury and federal agencies

 

 

167,021

 

 

 

3

 

 

 

(2,554

)

 

 

164,470

 

Total short-term investments (available for sale)

 

$

381,866

 

 

$

3

 

 

$

(5,998

)

 

$

375,871

 

 

 

 

December 31, 2021

 

 

 

 

 

 

Gross Unrealized

 

 

 

 

 

 

Cost

 

 

Gain

 

 

(Loss)

 

 

Fair Value

 

Short-term investments (available for sale):

 

 

 

 

 

 

 

 

 

 

 

 

Municipal bonds

 

$

5,028

 

 

$

-

 

 

$

(1

)

 

$

5,027

 

Non-governmental debt securities

 

 

168,623

 

 

 

27

 

 

 

(184

)

 

 

168,466

 

Treasury and federal agencies

 

 

720

 

 

 

-

 

 

 

-

 

 

 

720

 

Total short-term investments (available for sale)

 

$

174,371

 

 

$

27

 

 

$

(185

)

 

$

174,213

 

 
Schedule of Maintenance Fee Payment to CCKF

We make periodic operating maintenance payments to our equity affiliate. The total fees recorded during the quarters and years to date ended September 30, 2022 and 2021 were as follows (dollars in thousands):

 

Maintenance Fee Payments

 

For the quarter ended September 30, 2022

$

374

 

For the quarter ended September 30, 2021

$

442

 

For the year to date ended September 30, 2022

$

1,201

 

For the year to date ended September 30, 2021

$

1,301