Schedule of gross unrealized gains and losses, and the amortized cost, allowance for credit losses, and fair value of those investments classified as available-for-sale

The amortized cost, gross unrealized gains and losses, fair value of those investments classified as available-for-sale, and allowance for credit losses at December 31, 2022 are summarized as follows (in thousands):


		December 31, 2022
	Amortized		Gross		Gross		Fair		Allowance for
	Cost		Unrealized Gains		Unrealized Losses		Value		Credit Losses
Corporate bonds	$	200,735	$	7	$	(7,109)	$	193,633		—
U.S. Treasuries		1,154,879		111		(15,680)		1,139,310		—
Total	$	1,355,614	$	118	$	(22,789)	$	1,332,943	$	—

Schedule of the amortized cost and fair value of investments classified as available-for-sale, by contractual maturity

A summary of the amortized cost and fair value of investments classified as available-for-sale, by contractual maturity, as of December 31, is as follows (in thousands):



	December 31, 2023				December 31, 2022
		Amortized	Fair			Amortized	Fair
Maturity:		Cost	Value			Cost	Value
Less than 12 months	$	—	$	—	$	1,045,120	$	1,039,333
12 months or greater		—		—		310,494		293,610
Total	$	—	$	—	$	1,355,614	$	1,332,943

Schedule Of capital commitments

The Company had the following capital commitments related to its equity method investments as of December 31 as follows (in thousands):


2024	$	152,672
2025		17,300
Total	$	169,972