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Balance Sheet Account Details
9 Months Ended
Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Account Details
Balance Sheet Account Details

Restricted Cash

Restricted cash as of September 30, 2018 and December 31, 2017 represents a standby letter of credit for the Company’s building lease in lieu of a security deposit during the term of such lease. There is a requirement to maintain $0.9 million of cash collateral in an account pledged as security for such letter of credit.

Accrued Expenses

Accrued expenses consist of the following for each of the periods below (in thousands):
 
 
September 30,
2018
 
December 31,
2017
Accrued interest expense
 
$
4,386

 
$

Accrued clinical trials
 
3,082

 
577

Accrued other
 
3,527

 
126

Total accrued expenses
 
$
10,995

 
$
703