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Short-Term Investments (Tables)
9 Months Ended
Sep. 30, 2019
Short Term Investments [Abstract]  
Summary of Short-Term Investments

The following is a summary of our short-term investments (in thousands):

 

 

 

September 30, 2019

 

 

 

 

 

 

 

Gross

 

 

Gross

 

 

 

 

 

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Estimated

 

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Fair Value

 

U.S. treasury bills and government agency obligations

 

$

69,702

 

 

$

57

 

 

$

 

 

$

69,759

 

U.S. corporate debt securities

 

 

29,078

 

 

 

23

 

 

 

 

 

 

29,101

 

Foreign corporate debt securities

 

 

10,670

 

 

 

18

 

 

 

 

 

 

10,688

 

U.S. commercial paper

 

 

32,363

 

 

 

5

 

 

 

 

 

 

32,368

 

Foreign commercial paper

 

 

54,254

 

 

 

 

 

 

 

 

 

54,254

 

Total

 

$

196,067

 

 

$

103

 

 

$

 

 

$

196,170

 

 

 

 

December 31, 2018

 

 

 

 

 

 

 

Gross

 

 

Gross

 

 

 

 

 

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Estimated

 

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Fair Value

 

U.S. treasury bills and government agency obligations

 

$

59,747

 

 

$

 

 

$

(6

)

 

$

59,741

 

U.S. corporate debt securities

 

 

59,164

 

 

 

 

 

 

(77

)

 

 

59,087

 

Foreign corporate debt securities

 

 

5,041

 

 

 

5

 

 

 

 

 

 

5,046

 

U.S. commercial paper

 

 

52,800

 

 

 

 

 

 

 

 

 

52,800

 

Foreign commercial paper

 

 

123,870

 

 

 

 

 

 

(9

)

 

 

123,861

 

Total

 

$

300,622

 

 

$

5

 

 

$

(92

)

 

$

300,535