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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Summary of financial assets measured at fair value on a recurring basis
The following table summarizes the Company’s financial assets measured at fair value on a recurring basis at September 30, 2017 and December 31, 2016 by level within the fair value hierarchy. Financial assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement (in thousands):
 
At September 30, 2017
 
At December 31, 2016
 
Level 1
 
Total Fair
Value
 
Level 1
 
Total Fair
Value
Cash equivalents
$
196,217

 
$
196,217

 
$
107,721

 
$
107,721

Total Assets
$
196,217

 
$
196,217

 
$
107,721

 
$
107,721