Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 2015

Fair Value Disclosures [Abstract]

Assets and liabilities measured at fair value on a recurring basis

The following tables set forth our assets and liabilities that are measured at fair value on a recurring basis:

( in thousands )	As of September 30, 2015
	Total		Level 1		Level 2		Level 3
Assets:
Short term investments	$	1,060	$	1,060	$	-	$	-
Cash equivalents		41,567		41,567
Total assets	$	42,627	$	42,627	$	-	$	-
Liabilities:
Derivative liability	$	51	$	-	$	51	$	-
Temporary equity:
Redeemable non-controlling interests	$	93,178	$	-	$	-	$	93,178

( in thousands )	As of December 31, 2014
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents	$	738,090	$	738,090	$	-	$	-
Derivative asset		86		-		86		-
Total assets	$	738,176	$	738,090	$	86	$	-
Temporary equity:
Redeemable non-controlling interest	$	96,251	$	-	$	-	$	96,251

Summary of activity for account balances whose fair value measurements are estimated utilizing level 3 inputs

The following table summarizes the activity for account balances whose fair value measurements are estimated utilizing level 3 inputs:

( in thousands )	Redeemable Non-controlling Interests
		Three months ended							Nine months ended
		September 30,							September 30,
	2015				2014			2015				2014
Beginning period balance	$		95,111		$	124,763		$		96,251		$	133,000
Addition to non-controlling interest			-			-				700			-
Redeemable non-controlling interest fair    value adjustment			-			-				1,081			-
Dividends paid to non-controlling interest			(3,228	)		(5,863	)			(9,896	)		(21,928	)
Net income attributable to non-controlling interests			1,295			560				5,042			8,388
End period balance	$		93,178		$	119,460		$		93,178		$	119,460