INVESTMENTS (Tables)

9 Months Ended

Sep. 30, 2013

Investments Debt And Equity Securities [Abstract]

Amortized Cost and Gross Unrealized Gains and Losses on All Securities

The following table presents the amortized cost and gross unrealized gains and losses on all securities at September 30, 2013:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
	(in thousands)
Short-term Investments:
FDIC Guaranteed certificates of deposit	$	7,120	$	—	$	6	$	7,114
Common stock		2,000		—		356		1,644
Corporate notes/bonds		5,140		—		1		5,139
Commercial Paper		999		—		—		999
Total short-term investments	$	15,259	$	—	$	363	$	14,896

The following table presents the amortized cost and gross unrealized gains and losses on all securities at December 31, 2012:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
	(in thousands)
Short-term Investments:
U.S. Treasury securities and agency	$	3,509	$	—	$	—	$	3,509
FDIC Guaranteed certificates of deposit		6,453		—		6		6,447
Common stock		2,000		806		—		2,806
Corporate notes/bonds		4,606		—		4		4,602
Commercial Paper		6,999		—		2		6,997
Total short-term investments	$	23,567	$	806	$	12	$	24,361

Summarized Financial Assets Measured at Fair Value on a Recurring Basis

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis as of September 30, 2013:

	Level 1		Level 2		Level 3		Total
	(in thousands)
Cash Equivalents:
Money market funds	$	16,988	$	—	$	—	$	16,988
Investments:
Available-for-sales securities—current
FDIC Guaranteed certificates of deposit		—		7,114		—		7,114
Common stock		1,644		—		—		1,644
Corporate notes/bonds		—		5,139		—		5,139
Commercial paper		—		999		—		999
Total	$	18,632	$	13,252	$	—	$	31,884

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis as of December 31, 2012:

	Level 1		Level 2		Level 3		Total
	(in thousands)
Cash Equivalents:
Money market funds	$	11,644	$	—	$	—	$	11,644
Investments:
Available-for-sales securities—current:
U.S. Treasury securities and agency		—		3,509		—		3,509
FDIC Guaranteed certificates of deposit		—		6,447		—		6,447
Common stock		2,806		—		—		2,806
Corporate notes/bonds		—		4,602		—		4,602
Commercial paper		—		6,997		—		6,997
Total	$	14,450	$	21,555	$	—	$	36,005