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Cash and Cash Equivalents, Restricted Cash and Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2014
Cash and Cash Equivalents [Abstract]  
Schedule of Cash and Cash Equivalents [Table Text Block]
The following table summarizes the Company’s cash and cash equivalents:
 
 
 
June 30,
 
December 31,
 
Recurring Fair
 
 
 
2014
 
2013
 
Value Measurement
 
 
 
(in thousands)
 
 
 
Cash and cash equivalents:
 
 
 
 
 
 
 
 
 
Cash
 
$
209,538
 
$
86,074
 
 
 
Money market funds
 
 
88,619
 
 
88,769
 
Level 1
 
Commercial paper
 
 
38,171
 
 
11,499
 
Level 2
 
Total Cash and cash equivalents
 
$
336,328
 
$
186,342
 
 
 
Marketable Securities [Table Text Block]
The following table summarizes the Company’s marketable securities as of June 30, 2014 and December 31, 2013:
 
 
 
June 30,
 
December 31,
 
Recurring Fair
 
 
 
2014
 
2013
 
Value Measurement
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
 
Marketable securities:
 
 
 
 
 
 
 
 
 
Fixed-income debt securities
 
$
114,383
 
$
57,032
 
Level 2
 
Commercial paper
 
 
49,776
 
 
19,615
 
Level 2
 
Total Marketable securities
 
$
164,159
 
$
76,647
 
 
 
Schedule of Investments Classified By Contractual Maturity Date [Table Text Block]
The following tables present the contractual maturities of the Company’s marketable securities:
 
 
 
As of June 30, 2014
 
 
 
Amortized
 
Unrealized
 
Estimated
 
 
 
Cost
 
Gain
 
Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
Fixed-income debt securities:
 
 
 
 
 
 
 
 
 
 
Mature after one year and within three years
 
$
114,300
 
$
83
 
$
114,383
 
Commercial paper:
 
 
 
 
 
 
 
 
 
 
Mature within one year
 
 
49,776
 
 
-
 
 
49,776
 
Total
 
$
164,076
 
$
83
 
$
164,159
 
 
 
 
As of December 31, 2013
 
 
 
Amortized
 
Unrealized
 
Estimated
 
 
 
Cost
 
Loss
 
Fair Value
 
 
 
(in thousands)
 
Fixed-income debt securities:
 
 
 
 
 
 
 
 
 
 
Mature within one year
 
$
3,004
 
$
-
 
$
3,004
 
Mature after one year and within three years
 
 
54,044
 
 
(16)
 
 
54,028
 
Commercial paper:
 
 
 
 
 
 
 
 
 
 
Mature within one year
 
 
19,615
 
 
-
 
 
19,615
 
Total
 
$
76,663
 
$
(16)
 
$
76,647