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MARKETABLE SECURITIES AND FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2016
Marketable Securities and Fair Value Measurements [Abstract]  
Schedule of fair value of available-for-sale marketable securities
 

 

March 31, 2016   Amortized
Cost
    Gross
Unrealized
Gains
    Gross
Unrealized
Losses
    Fair
Value
 
Security type                        
Corporate debt securities-short term   $ 27,648     $ 33     $ (1 )   $ 27,680  
Total available-for-sale marketable securities   $ 27,648     $ 33     $ (1 )   $ 27,680  

 

December 31, 2015   Amortized
Cost
    Gross
Unrealized
Gains
    Gross
Unrealized
Losses
    Fair
Value
 
Security type                        
Corporate debt securities-short term   $ 24,786     $ 13     $ (10 )   $ 24,789  
Total available-for-sale marketable securities   $ 24,786     $ 13     $ (10 )   $ 24,789  
 
Schedule of assets measured at fair value on a recurring basis
 

 

    March 31,
2016
    Quoted
Prices in
Active
Markets
(Level 1)
    Significant
Other
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs
(Level 3)
 
Cash equivalents   $ 15,976     $ 15,976     $     $  
Corporate debt securities-short term     27,680             27,680        
Total   $ 43,656     $ 15,976     $ 27,680     $  

 

    December 31,
2015
    Quoted
Prices in
Active 
Markets
(Level 1)
    Significant
Other
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs
(Level 3)
 
Cash equivalents   $ 11,800     $ 11,800     $     $  
Corporate debt securities-short term     24,789             24,789        
Total   $ 36,589     $ 11,800     $ 24,789     $