Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2019

Reconciliation of Cash, Cash Equivalents, and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported in the unaudited condensed consolidated balance sheet that sum to the total of the amounts reported in the unaudited condensed consolidated statement of cash flows (in thousands):

	March 31, 2019		March 31, 2018
Cash and cash equivalents	$	62,741	$	158,171
Prepaid expenses and other current assets		263		256
Other assets		2,192		1,025
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows	$	65,196	$	159,452

Summary of Property and Equipment and Related Accumulated Depreciation

The following is the summary of property and equipment and related accumulated depreciation as of March 31, 2019 and December 31, 2018.

	Useful Life	March 31, 2019			December 31, 2018
		(in thousands)
Computer equipment and software	3	$	1,718		$	1,593
Furniture and fixtures	5 - 7		1,170			1,170
Equipment	7		1,888			1,780
Leasehold improvements	Shorter of the useful life or remaining lease term (10 years)		7,133			5,324
Office equipment under capital lease	3		—			114
			11,909			9,981
Less accumulated depreciation			(2,397	)		(1,958	)
Net property and equipment		$	9,512		$	8,023