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Marketable Securities
12 Months Ended
Dec. 31, 2018
Investments Debt And Equity Securities [Abstract]  
Marketable Securities

4. Marketable Securities

All marketable securities were considered available-for-sale at December 31, 2018. The amortized cost, gross unrealized holding gains or losses, and fair value of the Company’s marketable securities by major security type at December 31, 2018 are summarized in the table below (in thousands):

 

 

 

December 31, 2018

 

 

 

Amortized

Cost Basis

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair

Value

 

Marketable securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasuries

 

$

145,261

 

 

$

 

 

$

(15

)

 

$

145,246

 

Total

 

$

145,261

 

 

$

 

 

$

(15

)

 

$

145,246

 

The Company had no other-than-temporary impairments on its marketable securities during the year ended December 31, 2018. The Company has the intent and ability to hold all marketable securities until their maturities.

The Company held no marketable securities at December 31, 2017.