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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities    
Net loss $ (58,574) $ (43,541)
Adjustments to reconcile net loss to net cash used in operating activities    
Non-cash interest expense 470  
Remeasurement of convertible preferred stock warrants   (587)
Depreciation and amortization 1,319 2,263
Stock-based compensation 5,416 2,749
Changes in operating assets and liabilities    
Purchased premiums and interest on available-for-sale securities (291) (1,760)
Accounts receivable (5,270) 486
Accounts payable, accrued expenses and other 11,386 (653)
Deferred revenues (2,404) 553
Other assets and liabilities, net 2,518 48
Net cash used in operating activities (45,430) (40,442)
Cash flows from investing activities    
Purchases of available-for-sale securities (8,290) (73,825)
Proceeds from sales and maturities of available-for-sale securities 49,010  
Purchases of property and equipment (3,305) (891)
Other investing activities, net (39) (100)
Net cash (used in) provided by investing activities 37,376 (74,816)
Cash flows from financing activities    
Proceeds from initial public offering, net of issuance costs   100,025
Proceeds from issuance of common stock 1,204 873
Proceeds from convertible notes issued by majority owned subsidiary, net of issuance costs 274  
Payment of dividends on Series B convertible preferred stock   (4,003)
Other financing activities, net (195) (48)
Net cash provided by financing activities 1,283 96,847
Net decrease in cash and cash equivalents (6,771) (18,411)
Cash and cash equivalents, beginning of period 37,714 50,454
Cash and cash equivalents, end of period 30,943 32,043
Non-cash investing and financing activities    
Conversion of convertible preferred stock to common stock   268,225
Conversion of convertible preferred stock warrants to common stock warrants   929
Reclassification of deferred financing costs to stockholders' equity   2,748
Dividends on Series B convertible preferred stock declared but not paid   261
Issuance of derivative liability 35  
Disposal of fully depreciated assets 77  
Supplemental disclosure of cash flows    
Cash paid for interest $ 2,076