FAIR MARKET VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2015

FAIR MARKET VALUE MEASUREMENTS

Schedule of carrying value and fair value of financial instruments other than trade receivables and payables

        Based on the foregoing methods and assumptions, the carrying value and fair value of the Company's financial instruments other than trade receivables and payables are as follows (in thousands):

	Carrying value		Fair value		Level 1		Level 2		Level 3
As of December 31, 2015
Financial assets
Cash and cash equivalents	$	31,198	$	31,198	$	31,198	$	—	$	—
Investment securities available for sale		39,483		39,483		39,483		—		—
As of December 31, 2014
Financial assets
Cash and cash equivalents	$	65,800	$	65,800	$	65,800	$	—	$	—
Investment securities available for sale		19,927		19,927		19,927		—		—