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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2017
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:

 

     December 31, 2017  
     Level 1      Level 2      Level 3      Total  
     (in thousands)  

Financial Assets

  

Money market funds

   $ 99,792      $ —        $ —        $ 99,792  

Restricted money market funds

     188        —          —          188  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total financial assets

   $ 99,980      $ —        $ —        $ 99,980  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

     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