COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2017

Commitments and Contingencies Disclosure [Abstract]

Schedule of Operating Leases

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, 2017 are as follows (in thousands):

For the year ending December 31,	New York		Menlo Park		Total
2017 (remaining nine months)	124		130		254
2018	127		—		127
	$	251	$	130	381

The following table sets forth the Company’s aggregate future minimum payments under its operating lease commitments as of March 31, 2017 (in thousands):

For the year ending December 31,
2017 (remaining nine months)	$	562
2018	459
	$	1,021