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Short-term Investments (Tables)
3 Months Ended
Mar. 31, 2014
Investments Debt And Equity Securities [Abstract]  
Short-term Investments Available-for-sale Securities

Short-term investments consisted of available-for-sale securities as follows (in thousands):

 

Type of security as of March 31, 2014

   Amortized
cost
     Gross
unrealized
gains
     Gross
unrealized
losses
    Fair value  

U.S. government-related debt securities

   $ 1,550      $ 1      $ —        $ 1,551  

Corporate debt securities

     55,278         26         (18     55,286   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total available-for-sale securities

   $ 56,828      $ 27      $ (18   $ 56,837  
  

 

 

    

 

 

    

 

 

   

 

 

 

 

Type of security as of December 31, 2013

   Amortized
cost
     Gross
unrealized
gains
     Gross
unrealized
losses
    Fair value  

U.S. government-related debt securities

   $ 1,565      $ 1      $ —        $ 1,566  

Corporate debt securities

     31,128         24         (3     31,149   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total available-for-sale securities

   $ 32,693      $ 25      $ (3   $ 32,715  
  

 

 

    

 

 

    

 

 

   

 

 

 
Fair Values of Available-for-sale Securities by Contractual Maturity

The fair values of available-for-sale securities by contractual maturity were as follows (in thousands):

 

Contractual maturity

   March 31,
2014
     December 31,
2013
 

Maturing in one year or less

   $ 53,286      $ 26,725  

Maturing after one year through three years

     3,551        5,990  
  

 

 

    

 

 

 

Total available-for-sale securities

   $ 56,837      $ 32,715