Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

Schedule of Financial Instruments Measured at Fair Value on Recurring Basis

Financial instruments measured at fair value on a recurring basis as of September 30, 2014 and December 31, 2013 are classified based on the valuation technique in the table below:

	September 30, 2014 Fair value measurements using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
	(In thousands)
Assets:
U.S. Treasury securities	$	0	$	52,989	$	0	$	52,989
Money market accounts		7,029		0		0		7,029
Total assets at fair value	$	7,029	$	52,989	$	0	$	60,018

The above table excludes $3.1 million of cash held in banks.

	December 31, 2013 Fair value measurements using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
	(In thousands)
Assets:
U.S. Treasury securities	$	0	$	56,976	$	0	$	56,976
Money market accounts		10,075		0		0		10,075
Total assets at fair value	$	10,075	$	56,976	$	0	$	67,051

The above table excludes $4.1 million of cash held in banks.

Schedule of Short-Term Investments

Short-term Investments

	September 30, 2014
	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Fair Value
	(In thousands)
U.S. Treasury securities	$	52,973	$	16	$	0	$	52,989
Total	$	52,973	$	16	$	0	$	52,989

	December 31, 2013
	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Fair Value
	(In thousands)
U.S. Treasury securities	$	56,966	$	10	$	0	$	56,976
Total	$	56,966	$	10	$	0	$	56,976