|9 Months Ended|
Sep. 30, 2020
|INVESTMENTS HELD-TO-MATURITY||INVESTMENTS HELD-TO-MATURITY
We classify investments as held-to-maturity when we have the positive intent and ability to hold the securities to maturity.
During the nine months ended September 30, 2019, we invested in commercial papers that were classified as investments held-to-maturity. As of September 30, 2019, all investments had matured. We did not recognize an other-than-temporary impairment or comprehensive gain or loss for the three and nine months ended September 30, 2019.
As of September 30, 2020 and December 31, 2019, we did not have any investments classified as held-to-maturity.
We recorded interest and investment income of $1,000 and $42,000 for the three months ended September 30, 2020 and 2019, respectively, and $65,000 and $220,000 for the nine months ended September 30, 2020 and 2019, respectively, associated with our cash and investment accounts.
The entire disclosure for investments in certain debt and equity securities.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef