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CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables)
9 Months Ended
Sep. 30, 2019
Cash And Cash Equivalents [Abstract]  
Schedule of Cash, Cash Equivalents

 

The following table provides details regarding the Company’s portfolio of cash and cash equivalents (in thousands):

 

 

 

Amortized

 

 

Unrealized

 

 

Aggregate Fair

 

Cash and Cash Equivalents Classification

 

Cost

 

 

Gains

 

 

(Losses)

 

 

Market Value

 

September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash accounts in banking institutions

 

$

72,536

 

 

$

 

 

$

 

 

$

72,536

 

Money market accounts

 

 

11,230

 

 

 

 

 

 

 

 

 

11,230

 

U.S. Government bonds

 

 

151,748

 

 

 

27

 

 

 

 

 

 

151,775

 

 

 

$

235,514

 

 

$

27

 

 

$

 

 

$

235,541

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash accounts in banking institutions

 

$

71,217

 

 

$

 

 

$

 

 

$

71,217

 

Money market accounts

 

 

11,014

 

 

 

 

 

 

 

 

 

11,014

 

U.S. Government bonds

 

 

128,782

 

 

 

9

 

 

 

 

 

 

128,791

 

 

 

$

211,013

 

 

$

9

 

 

$

 

 

$

211,022

 

Schedule of Short-Term Investments

The following table provides details regarding the Company’s portfolio of short-term investments (in thousands):

 

 

 

Amortized

 

 

Unrealized

 

 

Aggregate Fair

 

Short-term Investments Classification

 

Cost

 

 

Gains

 

 

(Losses)

 

 

Market Value

 

September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Certificates of deposit

 

$

800

 

 

$

 

 

$

 

 

$

800

 

U.S. Government bonds

 

 

360,564

 

 

 

151

 

 

 

 

 

 

360,715

 

 

 

$

361,364

 

 

$

151

 

 

$

 

 

$

361,515

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Certificates of deposit

 

$

500

 

 

$

 

 

$

(1

)

 

$

499

 

Corporate bonds

 

 

114,678

 

 

 

1

 

 

 

(19

)

 

 

114,660

 

U.S. Government bonds

 

 

189,202

 

 

 

5

 

 

 

(43

)

 

 

189,164

 

 

 

$

304,380

 

 

$

6

 

 

$

(63

)

 

$

304,323