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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes the financial instruments measured at fair value on a recurring basis classified in the fair value hierarchy (Level 1, 2 or 3) based on the inputs used for valuation in the accompanying consolidated balance sheets:
 
 
As of December 31, 2016
 
As of December 31, 2015
Fair Value Measurements:
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
 
 
 
 
 
 
 
 
 
 
 
 
 
Marketable securities (see Note 4)
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
$
4,033

 
$
—

 
$
—

 
$
3,525

 
$
—

 
$
—

Time deposits
 
—

 
—

 
—

 
—

 
13,641

 
—

Corporate bonds
 
—

 
57,348

 
—

 
—

 
42,139

 
—

Government securities - U.S.
 
—

 
42,814

 
—

 
—

 
13,738

 
—

Government securities - Non-U.S.
 
—

 
233

 
—

 
—

 
1,063

 
—

Other fixed-income securities
 
—

 
10,471

 
—

 
—

 
3,992

 
—

Other securities
 
—

 
81

 
—

 
—

 
1,640

 
—

Total assets
 
$
4,033


$
110,947


$
—


$
3,525


$
76,213


$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
Related party payable (see Note 10)
 
—

 
—

 
169,347

 
—

 
—

 
122,693

Total liabilities
 
$
—


$
—


$
169,347


$
—


$
—


$
122,693