COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2017 are as follows (in thousands):

For the year ending December 31,	New York		Menlo Park		Total
2017 (remaining six months)	$	84	$	82	$	166
2018	127		—		127
	$	211	$	82	293

The following table sets forth the Company’s aggregate future minimum payments under its operating lease commitments as of June 30, 2017 (in thousands): 

For the year ending December 31,
2017 (remaining six months)	$	367
2018	459
	$	826