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Cash, Cash Equivalents and Investments (Tables)
12 Months Ended
Dec. 31, 2017
Cash and Cash Equivalents [Abstract]  
Summary of Cash, Cash Equivalents and Held-to-Maturity Investments by Type
The following tables summarize the Company's cash, cash equivalents, and held-to-maturity investments at December 31, 2017 and December 31, 2016 (in thousands):
 
As of December 31, 2017
 
Amortized Cost
 
Gross Unrealized Losses
 
Fair Value
 
Cash and Cash Equivalents
 
Short-Term Investments
 
Long-Term Investments
Cash
$
53,459

 
$

 
$
53,459

 
$
53,459

 
$

 
$

 
 
 
 
 
 
 
 
 
 
 
 
Level 1:
 
 
 
 
 
 
 
 
 
 
 
Money market funds
20,884

 

 
20,884

 
20,884

 

 

Corporate bonds
6,632

 
(6
)
 
6,626

 

 
6,632

 

Subtotal
27,516

 
(6
)
 
27,510

 
20,884

 
6,632

 

 
 
 
 
 
 
 
 
 
 
 
 
Level 2:
 
 
 
 
 
 
 
 
 
 
 
State and municipal obligations
992

 

 
992

 
762

 
230

 

Total
$
81,967

 
$
(6
)
 
$
81,961

 
$
75,105

 
$
6,862

 
$


 
As of December 31, 2016
 
Amortized Cost
 
Gross Unrealized Losses
 
Fair Value
 
Cash and Cash Equivalents
 
Short-Term Investments
 
Long-Term Investments
Cash
$
32,802

 
$

 
$
32,802

 
$
32,802

 
$

 
$

 
 
 
 
 
 
 
 
 
 
 
 
Level 1:
 
 
 
 
 
 
 
 
 
 
 
Money market funds
7,849

 

 
7,849

 
7,849

 

 

Corporate bonds
33,379

 
(57
)
 
33,322

 

 
33,379

 

Subtotal
41,228

 
(57
)
 
41,171

 
7,849

 
33,379

 

 
 
 
 
 
 
 
 
 
 
 
 
Level 2:
 
 
 
 
 
 
 
 
 
 
 
State and municipal obligations
14,477

 
(10
)
 
14,467

 

 
14,243

 
234

Certificates of deposit
793

 

 
793

 

 
793

 

Subtotal
15,270

 
(10
)
 
15,260

 

 
15,036

 
234

Total
$
89,300

 
$
(67
)
 
$
89,233

 
$
40,651

 
$
48,415

 
$
234