Restricted Cash |
12 Months Ended |
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Dec. 31, 2021 | |
| Cash and Cash Equivalents [Abstract] | |
| Restricted Cash | Restricted CashAs of December 31, 2021 and December 31, 2020, the Company maintained bank deposits of $6,938 and $6,856, respectively, which were pledged as collateral for long-term letters of credit issued in favor of airports, in connection with the Company’s obligations under the revenue share agreements. Such amounts also include a letter of credit for the Company’s current New York City corporate headquarters lease agreement. As of December 31, 2021 the Company also had a letter of credit in place for the amount of $6,081 in relation to the new corporate headquarters lease agreement entered into in December 2021.In addition, the Company also has a $16,000 restricted cash account against a letter of credit with a credit card company as a reserve against potential future refunds and chargebacks as of December 31, 2021 and December 31, 2020. |
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- References No definition available.
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- Definition The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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