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Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2016
Investments Debt And Equity Securities [Abstract]  
Summary of Available for Sale Securities Held

The following table summarizes the available-for-sale securities held at December 31, 2016 and 2015 (in thousands):

 

 

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair Value

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Description:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government agency securities and treasuries

 

$

79,411

 

 

$

 

 

$

(9

)

 

$

79,402

 

Total

 

$

79,411

 

 

$

 

 

$

(9

)

 

$

79,402

 

 

 

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair Value

 

December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Description:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government agency securities and treasuries

 

$

114,724

 

 

$

 

 

$

(178

)

 

$

114,546

 

Total

 

$

114,724

 

 

$

 

 

$

(178

)

 

$

114,546

 

 

Estimated Market Value of Marketable Securities by Maturity

The estimated market value of marketable securities by maturity date is as follows (in thousands):

 

 

December 31, 2016

 

 

December 31, 2015

 

Due in one year or less

$

79,402

 

 

$

89,607

 

Due after one year through two years

 

 

 

 

24,939

 

Total

$

79,402

 

 

$

114,546