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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Financial Instruments Measured at Fair Value on Recurring Basis by Level within Fair Value Hierarchy
The following tables present our financial instruments that were measured at fair value on a recurring basis as of December 31, 2016 and 2015 by level within the fair value hierarchy (in thousands): 
 
December 31, 2016
 
Level 1
 
Level 2
 
Level 3
 
Total
Financial Assets
 
 
 
 
 
 
 
Cash equivalents
$
21,834

 
$

 
$

 
$
21,834

Marketable securities:
 
 
 
 
 
 
 
Corporate bonds

 
522

 

 
522

 

 
522

 

 
522

Total
$
21,834

 
$
522

 
$

 
$
22,356


 
 
December 31, 2015
 
Level 1
 
Level 2
 
Level 3
 
Total
Financial Assets
 
 
 
 
 
 
 
Cash equivalents
$
3

 
$
18,900

 
$

 
$
18,903

Marketable securities:
 
 
 
 
 
 
 
Corporate bonds

 
25,657

 

 
25,657

Asset-backed securities

 
12,393

 

 
12,393

Mortgage-backed securities

 
4,779

 

 
4,779

Government and agency securities
3,722

 
1,990

 

 
5,712

Municipal bonds

 
2,468

 

 
2,468

 
3,722

 
47,287

 

 
51,009

Total
$
3,725

 
$
66,187

 
$

 
$
69,912

Financial Liabilities
 
 
 
 
 
 
 
Fair value of early conversion feature of convertible debt
$

 
$

 
$
82

 
$
82