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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2014
FAIR VALUE MEASUREMENTS  
Schedule of assets and liabilities of the entity measured at fair value on a recurring basis

Assets and liabilities of the Company measured at fair value on a recurring basis as of December 31, 2013 and June 30, 2014 are summarized as follows (in thousands):

 

 

 

December 31, 2013

 

Description

 

Quoted Prices in
Active Markets
(Level 1)

 

Significant Other
Observable Inputs
(Level 2)

 

Total

 

Certificates of deposit

 

$

 

$

363

 

$

363

 

Money market funds

 

$

2,244

 

$

 

$

2,244

 

Total assets measured at fair value

 

$

2,244

 

$

363

 

$

2,607

 

 

 

 

June 30, 2014

 

Description

 

Quoted Prices in
Active Markets
(Level 1)

 

Significant Other
Observable Inputs
(Level 2)

 

Total

 

Certificate of deposit

 

$

 

$

363

 

$

363

 

Money market funds

 

$

2,039

 

$

 

$

2,039

 

Total assets measured at fair value

 

$

2,039

 

$

363

 

$

2,402