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INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]  
Schedule of available-for-sale investments
Short-term investments consisted of the following (in thousands):

December 31, 2014

Amortized Cost

Unrealized Gains

Unrealized Losses

Fair Value
Corporate debt securities
$
118,470

 
$
—

 
$
(147
)
 
$
118,323

U.S. government agency securities
24,392

 
4

 
(13
)
 
24,383

Total short-term investments
$
142,862


$
4


$
(160
)

$
142,706


 
December 31, 2013
 
Amortized Cost
 
Unrealized Gains
 
Unrealized Losses
 
Fair Value
Corporate debt securities
$
60,882

 
$
9

 
$
(13
)
 
$
60,878

Schedule of investment maturity
The cost basis and fair value of the short-term investments by contractual maturity consist of the following (in thousands):
 
December 31, 2014
 
Amortized Cost
 
Fair Value
One year or less
$
114,231

 
$
114,113

Over one year and less than two years
28,631

 
28,593

Total short-term investments
$
142,862

 
$
142,706

Schedule of available-for-sale investments in unrealized loss position
Investments in an unrealized loss position consisted of the following (in thousands):
 
December 31, 2014
 
December 31, 2013

Less Than 12 Months

Fair Value

Unrealized Loss
 
Fair Value
 
Unrealized Loss
Corporate debt securities
$
105,187

 
$
(147
)
 
$
18,204

 
$
(13
)
U.S. government agency securities
15,773

 
(13
)
 
—

 
—

Total short-term investments
$
120,960


$
(160
)

$
18,204


$
(13
)