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Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of changes in the earn-out, Level 3
The following table presents the changes in the earn-out, the only Level 3 item, for the three and nine months ended September 30, 2020:
Balance as of December 31, 2019$11,100 
Payment of earn-out liability (1)
(8,000)
Revaluations included in earnings380 
Balance as of March 31, 20203,480 
Payment of earn-out liability
— 
Revaluations included in earnings130 
Balance as of June 30, 20203,610 
Payment of earn-out liability
— 
Revaluations included in earnings91 
Balance as of September 30, 2020$3,701 
The following table presents the changes in the earn-out, the only Level 3 item, for the three and nine months ended September 30, 2019:
Balance as of December 31, 2018$7,075 
Payment of earn-out liability
— 
Revaluations included in earnings— 
Balance as of March 31, 20197,075 
Payment of earn-out liability
— 
Revaluations included in earnings469 
Balance as of June 30, 20197,544 
Payment of earn-out liability
— 
Revaluations included in earnings4,616 
Balance as of September 30, 2019$12,160 
(1) See Note 19 - “Commitments and Contingencies” for further details.
Summary of the Company's assets and liabilities that were recognized at fair value on a recurring basis The following table provides a summary of the Company's assets and liabilities that were recognized at fair value on a recurring basis as at September 30, 2020 and December 31, 2019:
Level 1Level 2Level 3Total Fair Value
September 30, 2020
Assets
Forward contracts asset$— $2,903 $— $2,903 
Total$— $2,903 $— $2,903 
Liabilities
Interest rate swap liability$— $6,667 $— $6,667 
Earn-out liability— — 3,701 3,701 
Contingent stock liability— 89,736 $— 89,736 
  Total$— $96,403 $3,701 $100,104 
Level 1Level 2Level 3Total Fair Value
December 31, 2019
Liabilities
Interest rate swap liability$— $2,778 $— $2,778 
Earn-out liability— — 11,100 11,100 
Total$— $2,778 $11,100 $13,878