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Fair Value of Financial Assets and Liabilities (Tables)
6 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Recorded and Measured at Fair Value

The following table summarizes the Company’s assets and liabilities, recorded and measured at fair value, in the consolidated balance sheets as of June 30, 2018 (there were no financial instruments measured at fair value at December 31, 2017):

 

Description

 

Balance as of

June 30, 2018

 

 

Quoted Prices in Active Markets for Identical Assets or Liabilities

(Level 1)

 

 

Significant Other Observable Inputs

(Level 2)

 

 

Significant Unobservable Inputs

(Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketable securities

 

$

1,737

 

 

$

1,737

 

 

$

0

 

 

$

0

 

Total Assets

 

$

1,737

 

 

$

1,737

 

 

$

0

 

 

$

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Supplemental profit sharing plan

 

 

4,632

 

 

 

0

 

 

 

4,632

 

 

 

0

 

Total Liabilities

 

$

4,632

 

 

$

0

 

 

$

4,632

 

 

$

0