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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Summary of Financial Instruments Measured at Fair Value on Recurring Basis

The following tables summarize the Company’s financial instruments measured at fair value on a recurring basis:

 

 

TOTAL

 

 

LEVEL 1

 

 

LEVEL 2

 

 

LEVEL 3

 

September 30, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Certificates of deposit included in cash and cash equivalents

$

50,000

 

 

$

-

 

 

$

50,000

 

 

$

-

 

Certificates of deposit included in short-term investments

 

25,000

 

 

 

-

 

 

 

25,000

 

 

 

-

 

Commercial paper

 

24,947

 

 

 

-

 

 

 

24,947

 

 

 

-

 

Total assets at fair value

$

99,947

 

 

$

-

 

 

$

99,947

 

 

$

-

 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds, included in cash and cash equivalents

$

20,769

 

 

$

20,769

 

 

$

-

 

 

$

-

 

Total assets at fair value

$

20,769

 

 

$

20,769

 

 

$

-

 

 

$

-