XML 47 R32.htm IDEA: XBRL DOCUMENT v3.6.0.2
INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Scheduled maturities of investments classified as available-for-sale
Scheduled maturities of investments classified as available-for-sale as of December 31, 2016 are as follows (in thousands):
 
Maturity
 
Fair Value
Due in:
 
 
2017
 
$
—

2018 — 2021
 
—

2022 — 2026
 
—

2027 and thereafter
 
9,952

Available-for-sale investments
 
$
9,952
Schedule of available for sale securities reconciliation
As of December 31, 2016, the amortized cost basis and fair value of investments classified as available-for-sale were as follows (in thousands):
 
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair Value
Auction rate securities
$
10,800

 
$
—

 
$
(848
)
 
$
9,952

Available-for-sale investments
$
10,800

 
$
—

 
$
(848
)
 
$
9,952

 
As of December 31, 2015, the amortized cost basis and fair value of investments classified as available-for-sale were as follows (in thousands):

 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair Value
Auction rate securities
$
15,942

 
$
610

 
$
(1,045
)
 
$
15,507

Available-for-sale investments
$
15,942

 
$
610

 
$
(1,045
)
 
$
15,507
Schedule of unrealized loss on investments
The components of the Company’s investments in an unrealized loss position for twelve months or longer were as follows (in thousands):
 
 
December 31,
 
2015
 
2016
 
Aggregate
Fair
 Value
 
Gross
Unrealized
Losses
 
Aggregate
Fair
 Value
 
Gross
Unrealized
Losses
Auction rate securities
$
14,455

 
$
(1,045
)
 
$
9,952

 
$
(848
)
Investments in an unrealized loss position
$
14,455

 
$
(1,045
)
 
$
9,952

 
$
(848
)