Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2013

Summary of Financial Assets Measured at Fair Value on Recurring Basis

A summary of financial assets as of March 31, 2013 and December 31, 2012 measured at fair value on a recurring basis follows:


	March 31, 2013						December 31, 2012
(in thousands)	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Financial Assets:
Cash and cash equivalents
Money market mutual fund	$	5,206	$	—	$	—	$	16,164	$	—	$	—

Total	$	5,206	$	—	$	—	$	16,164	$	—	$	—

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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