Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Measurements

Schedule of assets and liabilities presented at fair value

As of December 31, 2016, the Company’s financial assets and financial liabilities are presented below at fair value and were classified within the fair value hierarchy as follows (in thousands):

		Level 1		Level 2		Level 3		December 31, 2016
Financial Assets
Cash and cash equivalents	$	102,102	$	—	$	—	$	102,102
Restricted cash		1,312		—		—		1,312
Total Financial Assets	$	103,414	$	—	$	—	$	103,414

As of December 31, 2015, the Company’s financial assets and financial liabilities are presented below at fair value and were classified within the fair value hierarchy as follows (in thousands):

		Level 1		Level 2		Level 3		December 31, 2015
Financial Assets
Cash and cash equivalents	$	180,542	$	—	$	—	$	180,542
Restricted cash		1,498		—		—		1,498
Total Financial Assets	$	182,040	$	—	$	—	$	182,040