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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Schedule of cash and cash equivalents
Cash and cash equivalents consist of highly liquid investments with maturities of three months or less from the date of purchase. Cash and cash equivalents consist of the following at (in thousands):
March 31,
2021
December 31,
2020
Cash$135,729 $122,312 
Money market funds233,344 96,116 
Government-backed securities54,250 44,250 
Treasury securities25,022 44,052 
Corporate debt securities1,547,137 246,668 
Cash and cash equivalents$1,995,482 $553,398 
Schedule of reconciliation of cash, cash equivalents and restricted cash
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the consolidated balance sheets that sum to the total of the same such amounts shown in the statement of cash flows (in thousands):
March 31,
2021
December 31,
2020
Cash and cash equivalents$1,995,482 $553,398 
Restricted cash current32,128 93,880 
Restricted cash non-current1,460 1,460 
Cash, cash equivalents and restricted cash$2,029,070 $648,738