Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2018

Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents the hierarchy for our assets and liabilities measured at fair value (in thousands):


	September 30, 2018														December 31, 2017
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:

Short-term investments⁽¹⁾	$	106,866	$	889,445	$	—	$	996,311	$	1,896	$	179,145	$	—	$	181,041
Note receivable Viking	—		—		—		—		—		—		3,877		3,877
Investment in warrants⁽²⁾	24,284		—		—		24,284		3,846		—		—		3,846
Total assets	$	131,150	$	889,445	$	—	$	1,020,595	$	5,742	$	179,145	$	3,877	$	188,764
Liabilities:
Crystal contingent liabilities⁽³⁾	$	—	$	—	$	7,401	$	7,401	$	—	$	—	$	8,401	8,401
CyDex contingent liabilities⁽⁴⁾	—		—		514		514		—		—		1,589		1,589
Metabasis contingent liabilities⁽⁵⁾	—		4,816		—		4,816		—		3,971		—		3,971
Total liabilities	$	—	$	4,816	$	7,915	$	12,731	$	—	$	3,971	$	9,990	$	13,961

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details