Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2016

Fair Value Disclosures [Abstract]

Schedule of Fair Value Financial Assets and Liabilities Measured on Recurring Basis

The following table sets forth the fair value of the Company’s financial assets and liabilities measured on a recurring basis by level within the fair value hierarchy:

	June 30, 2016
	Level 1		Level 2		Level 3		Total
	(in thousands)
Financial Assets
Money market funds	$	128,340	$	—	$	—	$	128,340
Restricted money market funds		200		—		—		200
Total financial assets	$	128,540	$	—	$	—	$	128,540
	December 31, 2015
	Level 1		Level 2		Level 3		Total
	(in thousands)
Financial Assets
Money market funds	$	148,604	$	—	$	—	$	148,604
Restricted money market funds		225		—		—		225
Total financial assets	$	148,829	$	—	$	—	$	148,829