v2.4.0.8
Concentration of Credit Risk and Fair Value of Financial Assets and Liabilities (Tables)
6 Months Ended
Jun. 30, 2013
CONCENTRATION OF CREDIT RISK AND FAIR VALUE OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES: [Abstract]  
Fair Value, Measurement Inputs, Disclosure [Table Text Block]
Our financial assets that are accounted for at fair value on a recurring basis are presented in the tables below as of June 30, 2013 and December 31, 2012 (in thousands):
 
Fair Value as of June 30, 2013
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
Money market and demand accounts (a)
$
444,548

 
$

 
$

 
$
444,548

Mutual and exchange traded funds
100,552

 

 

 
100,552

Commercial paper (b)

 
163,277

 

 
163,277

U.S. government securities

 
48,600

 

 
48,600

Corporate bonds and asset backed securities

 
12,815

 

 
12,815

 
$
545,100

 
$
224,692

 
$

 
$
769,792

______________________________
(a)
Included within cash and cash equivalents.
(b)
Includes $14.5 million of commercial paper that is included within cash and cash equivalents.

 
Fair Value as of December 31, 2012
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
Money market and demand accounts (a)
$
261,899

 
$

 
$

 
$
261,899

Mutual and exchange traded funds
100,682

 

 

 
100,682

Commercial paper (b)

 
150,868

 

 
150,868

U.S. government securities

 
50,560

 

 
50,560

Corporate bonds and asset backed securities

 
13,270

 

 
13,270

 
$
362,581

 
$
214,698

 
$

 
$
577,279

______________________________
(a)
Included within cash and cash equivalents.
(b)
Includes $87.9 million of commercial paper that is included within cash and cash equivalents.