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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Financial Assets Measured on Recurring Basis

The Company measures and reports its cash equivalents and restricted cash at fair value. The following table sets forth the fair value of the Company’s financial assets measured on a recurring basis by level within the fair value hierarchy:

 

     September 30, 2017  
     Level 1      Level 2      Level 3      Total  
     (in thousands)  

Financial Assets

  

Money market funds

   $ 107,046      $ —      $ —      $ 107,046  

Restricted money market funds

     188        —        —        188  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total financial assets

   $ 107,234      $ —      $ —      $ 107,234  
  

 

 

    

 

 

    

 

 

    

 

 

 
     December 31, 2016  
     Level 1      Level 2      Level 3      Total  
     (in thousands)  

Financial Assets

  

Money market funds

   $ 107,043      $ —      $ —      $ 107,043  

Restricted money market funds

     200        —        —        200  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total financial assets

   $ 107,243      $ —      $ —      $ 107,243