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Fair Value Measurement and Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of Carrying Amounts and Fair Values of Financial Instruments

The following tables set forth the carrying amounts and fair values of the Company’s financial instruments as of March 31, 2019 and December 31, 2018 (in thousands):

 

 

 

March 31, 2019

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurement Based on

 

 

 

Carrying

Amount

 

 

Fair Value

 

 

Quoted

Prices In

Active

Markets

(Level 1)

 

 

Significant

other

Observable

Inputs

(Level 2)

 

 

Significant

Unobservable

Inputs

(Level 3)

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds (cash equivalents)

 

$

87,553

 

 

$

87,553

 

 

$

87,553

 

 

$

-

 

 

$

-

 

 

 

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurement Based on

 

 

 

Carrying

Amount

 

 

Fair Value

 

 

Quoted

Prices In

Active

Markets

(Level 1)

 

 

Significant

other

Observable

Inputs

(Level 2)

 

 

Significant

Unobservable

Inputs

(Level 3)

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds (cash equivalents)

 

$

87,062

 

 

$

87,062

 

 

$

87,062

 

 

$

-

 

 

$

-