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Fair Value Measurements
 6 Months Ended
Jun. 30, 2020
Fair Value Measurements [Abstract]  
Fair Value Measurements Note 7 – Fair Value Measurements

The following table sets forth by level within the fair value hierarchy the Company’s financial assets that were recorded at fair value on a recurring basis and the Company’s non-financial assets that were recorded at fair value on a non-recurring basis.

Recurring Fair Value Measurements

As of June 30, 2020

Level 1

Level 2

Level 3

Total

ASSETS:

Cash equivalents and restricted cash equivalents

$

4,303

$

-

$

-

$

4,303

Restricted certificates of deposit

$

3,855

$

-

$

-

$

3,855

Escrow receivable

$

-

$

-

$

930

$

930

Recurring Fair Value Measurements

As of December 31, 2019

Level 1

Level 2

Level 3

Total

ASSETS:

Cash equivalents and restricted cash equivalents

$

4,580

$

-

$

-

$

4,580

Restricted certificates of deposit

$

3,769

$

-

$

-

$

3,769

Escrow receivable

$

-

$

-

$

930

$

930

The sale of the Company’s railcar repair and maintenance services business on September 30, 2015 resulted in $1,960 of the aggregate purchase price being placed into escrow in order to secure the indemnification obligations of FCRS and FCSL. The fair market value of the remaining escrow receivable above represents the escrow balance of $980 as of each of June 30, 2020 and December 31, 2019, net of the fair value of the indemnification obligations, which was estimated using the discounted probability-weighted cash flow method.