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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Financial Assets Measured at Fair Value on Recurring Basis
The following tables present our financial assets that are measured at fair value on a recurring basis (in thousands): 
 
June 30, 2016
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
Cash equivalents
 
 
 
 
 
 
 
Money market mutual funds
$
171

 
—

 
—

 
$
171

Marketable securities
 
 
 
 
 
 
 
Commercial paper
—

 
8,186

 
—

 
8,186

Corporate notes and bonds
—

 
46,984

 
—

 
46,984

Government obligations
—

 
13,026

 
—

 
13,026

U.S. agency obligations
—

 
29,415

 
—

 
29,415

Total marketable securities
—

 
97,611

 
—

 
97,611

Total
$
171

 
$
97,611

 
$
—

 
$
97,782

 
December 31, 2015
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
Cash equivalents
 
 
 
 
 
 
 
Money market mutual funds
$
246

 
$
—

 
$
—

 
$
246

Marketable securities
 
 
 
 
 
 
 
Commercial paper
—

 
7,485

 
—

 
7,485

Corporate notes and bonds
—

 
48,859

 
—

 
48,859

Government obligations
—

 
13,991

 
—

 
13,991

U.S. agency obligations
—

 
32,504

 
—

 
32,504

Total marketable securities
—

 
102,839

 
—

 
102,839

Total
$
246

 
$
102,839

 
$
—

 
$
103,085