Financial Instruments

3 Months Ended

Mar. 31, 2020

Investments All Other Investments [Abstract]

Financial Instruments

12. Financial Instruments

Our financial instruments consist primarily of investments in cash and cash equivalents, receivables and certain other assets, foreign debt and accounts payable, which approximate fair value at March 31, 2020 and December 31, 2019, due to their short-term nature or variable, market-driven interest rates.

The fair value of the debt issued under the Credit Facility was $109.6 million and $67.3 million at March 31, 2020 and December 31, 2019, respectively.

At March 31, 2020 and December 31, 2019, the Company had cash and cash equivalents of $82.5 million and $35.6 million, respectively, of which $29.8 million and $27.0 million, respectively, was held outside of the United States, principally in the Netherlands, United Kingdom, China, and Canada.