Statistical mechanics of a two-dimensional black hole

The dynamics of a nearly-AdS2 spacetime with boundaries is reduced to two particles in the anti-de Sitter space. We determine the class of physically meaningful wavefunctions, and prescribe the statistical mechanics of a black hole. We demonstrate how wavefunctions for a two-sided black hole and a regularized notion of trace can be used to construct thermal partition functions, and more generally, arbitrary density matrices. We also obtain correlation functions of external operators.