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Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2017
Investments Debt And Equity Securities [Abstract]  
Summary of Available for Sale Securities Held

The following table summarizes the available-for-sale securities held at June 30, 2017 and December 31, 2016 (in thousands):

 

 

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair Value

 

June 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Description:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government agency securities and treasuries

 

$

35,000

 

 

$

 

 

$

(15

)

 

$

34,985

 

Total

 

$

35,000

 

 

$

 

 

$

(15

)

 

$

34,985

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Description:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government agency securities and treasuries

 

$

79,411

 

 

$

 

 

$

(9

)

 

$

79,402

 

Total

 

$

79,411

 

 

$

 

 

$

(9

)

 

$

79,402

 

 

Estimated Market Value of Marketable Securities by Maturity

 

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

 

 

 

June 30, 2017

 

 

December 31, 2016

 

Due in one year or less

 

$

34,985

 

 

$

79,402

 

Due after one year through two years

 

 

 

 

 

 

Total

 

$

34,985

 

 

$

79,402