INVESTMENTS AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2016

Fair value of cash equivalents and marketable securities

The Company’s fair value hierarchy for its cash equivalents, marketable securities and derivative instruments as of December 31, 2016 and December 31, 2015, respectively, was as follows:

(In thousands)
December 31, 2016	Level 1		Level 2		Level 3		Total
Money market securities	$	16	$	—	$	—	$	16
Total assets	$	16	$	—	$	—	$	16
Derivative instrument payable	$	—	$	467	$	—	$	467
Contingent consideration		—		—		103		103
Total liabilities	$	—	$	467	$	103	$	570

December 31, 2015	Level 1		Level 2		Level 3		Total
Money market securities	$	1,915	$	—	$	—	$	1,915
Total assets	$	1,915	$	—	$	—	$	1,915
Derivative instrument payable	$	—	$	580	$	—	$	580
Contingent consideration		—		—		216		216
Total liabilities	$	—	$	580	$	216	$	796

Schedule of Fair Value Measurements Using Significant Unobservable

Fair Value Measurements
Using Significant Unobservable Inputs (Level 3)
(in thousands)	Contingent
	consideration
Balance at December 31, 2015	$	216
Payment		(59)
Quarterly fair value adjustment		(54)
Balance at December 31, 2016	$	103