COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Schedule of Operating Leases

The following table sets forth the Company’s aggregate future minimum payments under its operating lease commitments as of March 31, 2016 (in thousands):

For the year ending December 31,
2016, (remaining nine months)	593
2017	781
2018	459
	$	1,833

Sublease income is recorded as a reduction in rental expense. Future minimum lease payments to be received under the sublease agreements as of March 31, 2016 are as follows (in thousands):

For the year ending December 31,	New York		Menlo Park		Total
2016, (remaining nine months)	121		142		263
2017	165		178		343
2018	127		—		127
	$	413	$	320	733