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Debt Securities
 12 Months Ended
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Debt Securities Debt Securities
The amortized cost, gross unrealized gains and losses recorded in OCI, and estimated fair value as of December 31, 2022 and December 31, 2021 were as follows:

 December 31, 2022
(In thousands)Gross unrealized
Amortized costGainsLossesFair Value
Costa Rica Government Obligations
After 1 to 5 years$2,194 $9 $— $2,203 



 December 31, 2021
(In thousands)Gross unrealized
Amortized costGainsLossesFair Value
Costa Rica Government Obligations
After 1 to 5 years$2,963 $78 $— $3,041 

Debt securities are held by a trust in the Costa Rica National Bank as a collateral requirement for settlement activities. The Company may substitute securities as needed but must maintain certain levels of collateral based on transaction volumes.

During the years ended December 31, 2022 and 2021, the Company acquired $0.3 million and $3.0 million, respectively, in available-for-sale debt securities. Debt securities amounting to $1.0 million matured during 2022, none in 2021. No debt securities were sold during the years ended December 31, 2022 and 2021.
A provision for credit losses was not required for the periods presented above. Refer to Note 15 for disclosure requirements related to the fair value hierarchy.