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Fair Value Measurement (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes the financial instruments measured at fair value on a recurring basis classified in the fair value hierarchy (Level 1, 2 or 3) based on the inputs used for valuation in the accompanying unaudited condensed consolidated balance sheets:
 
 
As of June 30, 2020
 
As of December 31, 2019
Fair Value Measurements:
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
 
 
 
 
 
 
 
 
 
 
 
 
 
Marketable securities (see Note 7)
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
$

 
$

 
$

 
$
4,404

 
$

 
$

Money market and mutual funds
 
98,848

 

 

 
38,799

 

 

Corporate bonds
 

 
8,892

 

 

 
4,098

 

Government securities - U.S.
 

 
26,740

 

 

 
5,446

 

Other fixed-income securities
 

 
1,900

 

 

 
1,637

 

Total assets
 
$
98,848

 
$
37,532

 
$

 
$
43,203

 
$
11,181

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent consideration payable (see Note 10)
 
$

 
$

 
$
1,914

 
$

 
$

 
$
17,327

Total liabilities
 
$

 
$

 
$
1,914

 
$

 
$

 
$
17,327