Fair Value of Financial Instruments (Tables)

6 Months Ended

Dec. 31, 2012

Summary of Financial Assets Measured at Fair Value

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis at December 31, 2012:


	Fair Value Measurements
	December 31, 2012		Level 1		Level 2		Level 3
Assets:
U.S. Treasury bills and money market funds	$	22,051	$	22,051	$	—	$	—
Restricted cash		658		658		—		—

Total	$	22,709	$	22,709	$	—	$	—

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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