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Marketable Investments (Tables)

3 Months Ended

Mar. 31, 2017

Investments Debt And Equity Securities [Abstract]

Summary of Company's Marketable Investments

The following table summarizes the Company’s marketable investments (in thousands):

	As of March 31, 2017
			Gross		Gross
	Amortized		Unrealized		Unrealized			Market
	Cost		Gains		Losses			Value
Federal agency obligations	$	1,800	$	—	$	(5	)	$	1,795
Corporate obligations		58,723		1		(102	)		58,622
Total	$	60,523	$	1	$	(107	)	$	60,417

	As of December 31, 2016
			Gross		Gross
	Amortized		Unrealized		Unrealized			Market
	Cost		Gains		Losses			Value
Federal agency obligations	$	1,800	$	—	$	(7	)	$	1,793
Corporate obligations		59,481		2		(129	)		59,354
Total	$	61,281	$	2	$	(136	)	$	61,147

Summary of Maturity Periods of Marketable Investments

The following table summarizes the maturity periods of the marketable investments in the Company’s portfolio as of March 31, 2017 (in thousands).

	FY 2017		FY 2018		FY 2019		Total
Federal agency obligations	$	—	$	1,795	$	—	$	1,795
Corporate obligations		24,934		28,937		4,751		58,622
Total	$	24,934	$	30,732	$	4,751	$	60,417

Summary of Gross Unrealized Losses and Market Value of Available-for-Sale Securities with Unrealized Losses

The following table shows the gross unrealized losses and market value of Forrester’s available-for-sale securities with unrealized losses that are not deemed to be other-than-temporary, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position (in thousands):

	As of March 31, 2017
	Less Than 12 Months				12 Months or Greater
	Market		Unrealized		Market		Unrealized
	Value		Losses		Value		Losses
Federal agency obligations	$	1,795	$	5	$	—	$	—
Corporate obligations		53,880		101		1,000		1
Total	$	55,675	$	106	$	1,000	$	1

	As of December 31, 2016
	Less Than 12 Months				12 Months or Greater
	Market		Unrealized		Market		Unrealized
	Value		Losses		Value		Losses
Federal agency obligations	$	1,793	$	7	$	—	$	—
Corporate obligations		53,647		129		—		—
Total	$	55,440	$	136	$	—	$	—

Summary of Company's Fair Value Hierarchy for its Financial Assets

The following table represents the Company’s fair value hierarchy for its financial assets (cash equivalents and investments) measured at fair value on a recurring basis (in thousands):

	As of March 31, 2017
	Level 1		Level 2		Level 3		Total
Money market funds (1)	$	3,904	$	—	$	—	$	3,904
Federal agency obligations		—		1,795		—		1,795
Corporate obligations		—		58,622		—		58,622
Total	$	3,904	$	60,417	$	—	$	64,321

	As of December 31, 2016
	Level 1		Level 2		Level 3		Total
Money market funds (1)	$	2,522	$	—	$	—	$	2,522
Federal agency obligations		—		1,793		—		1,793
Corporate obligations		—		59,354		—		59,354
Total	$	2,522	$	61,147	$	—	$	63,669

(1)	Included in cash and cash equivalents.

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

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