Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value Disclosures [Abstract]

Summary of Changes in Fair Value of Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents a summary of changes in fair value of the Company’s Level 3 assets and liabilities that are measured at fair value on a recurring basis, and are recorded as a component of other long-term liabilities on the consolidated balance sheet:

(in thousands)	Level 3 Inputs
	Liabilities
Balance at December 31, 2019	$	3,340
New level 3 liability	—
Total gains reported in earnings	2,310
Settlement of Level 3 liabilities	—
Balance at September 30, 2020	$	1,030