Available for Sale Securities

9 Months Ended

Sep. 30, 2021

Investments, Debt and Equity Securities [Abstract]

Available For Sale Securities

Cash, cash equivalents, and available for sale securities at September 30, 2021 and December 31, 2020 consisted of the following:


	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
	(in thousands)
September 30, 2021
Cash and cash equivalents	$	207,204	$	—	$	—	$	207,204
Available for sale securities:
U.S. government debt securities	$	—	$	—	$	—	$	—
Total available for sale securities	$	—	$	—	$	—	$	—
Total cash, cash equivalents, and available for sale securities	$	207,204	$	—	$	—	$	207,204


	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
	(in thousands)
December 31, 2020
Cash and cash equivalents	$	228,698	$	—	$	—	$	228,698
Available for sale securities:
U.S. government debt securities	$	39,979	$	13	$	—	$	39,992
Total available for sale securities	$	39,979	$	13	$	—	$	39,992
Total cash, cash equivalents, and available for sale securities	$	268,677	$	13	$	—	$	268,690

There were no realized gains or losses on available for sale securities for the three and nine months ended September 30, 2021 and 2020 and the Company did not recognize any credit losses during the three and nine months ended September 30, 2021 and 2020. Additionally, the Company did not have any available for sale securities that were in an unrealized loss position as of September 30, 2021 and December 31, 2020.