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Short-Term Investments (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2014

   Amortized
cost
     Gross
unrealized
gains
     Gross
unrealized
losses
    Fair value  

U.S. government-related debt securities

   $ 1,534      $ 1      $ —       $ 1,535  

Corporate debt securities

     53,562        15        (9     53,568  

Asset-backed securities

     3,300        1        (1     3,300  
  

 

 

    

 

 

    

 

 

   

 

 

 

Total available-for-sale securities

   $ 58,396      $ 17      $ (10   $ 58,403  
  

 

 

    

 

 

    

 

 

   

 

 

 

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

   June 30,
2014
     December 31,
2013
 

Maturing in one year or less

   $ 52,082      $ 26,725  

Maturing in one to three years

     6,321        5,990  
  

 

 

    

 

 

 

Total available-for-sale securities

   $ 58,403      $ 32,715