XML 46 R16.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Fair Value Hierarchy for Financial Assets Measured at Fair Value on Recurring Basis

The following table represents the fair value hierarchy for our financial assets (cash equivalents and marketable securities) measured at fair value on a recurring basis as of March 31, 2015 and December 31, 2014 (in thousands):

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

March 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

$

12,568

 

 

$

-

 

 

$

-

 

 

$

12,568

 

U.S. government agency securities

 

-

 

 

 

82,881

 

 

 

-

 

 

 

82,881

 

Total

$

12,568

 

 

$

82,881

 

 

$

-

 

 

$

95,449

 

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

$

46,989

 

 

$

-

 

 

$

-

 

 

$

46,989

 

U.S. government agency securities

 

-

 

 

 

73,141

 

 

 

-

 

 

 

73,141

 

Total

$

46,989

 

 

$

73,141

 

 

$

-

 

 

$

120,130