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Investments (Tables)
 9 Months Ended
Sep. 30, 2024
Investments [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
Assets measured at fair value on a recurring basis were as follows (in thousands):
September 30, 2024
Quoted Price in Active Markets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)Total
Assets:
Obligations of U.S. Government and its agencies$— $252,598 $— $252,598 
Total assets$— $252,598 $— $252,598 
December 31, 2023
Quoted Price in Active Markets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)Total
Assets:
Obligations of U.S. Government and its agencies$— $277,358 $— $277,358 
Certificates of deposit— 986 — 986 
Total assets$— $278,344 $— $278,344 
Fair Value of the Company's Investments by Type
The following tables summarize the fair value of the Company’s investments by type (in thousands):
September 30, 2024
Amortized
Cost		Accrued
Interest		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
Fair Value
Obligations of U.S. Government and its agencies$251,146 $588 $864 $— $252,598 
Total investments$251,146 $588 $864 $— $252,598 
December 31, 2023
Amortized
Cost		Accrued
Interest		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
Fair Value
Obligations of U.S. Government and its agencies$277,151 $121 $150 $(64)$277,358 
Certificates of deposit980 14 — (8)986 
Total investments$278,131 $135 $150 $(72)$278,344 
Schedule of the Maturity of Investments
The following table summarizes the scheduled maturity for the Company’s investments at September 30, 2024 and December 31, 2023 (in thousands):
September 30, 2024December 31, 2023
Maturing in one year or less$233,172 $278,344 
Maturing after one year but less than two years19,426 — 
Total investments$252,598 $278,344