Basis of Presentation and Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2016

Basis of Presentation and Significant Accounting Policies

Schedule of company's financial assets and liabilities that have been measured at fair value and indicating the fair value hierarchy of the valuation inputs utilized to determine such fair value:

The following table presents information about the Company’s financial assets and liabilities that have been measured at fair value as of December 31, 2015 and March 31, 2016 and indicates the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands):

		December 31, 2015
Description	Balance Sheet Classification	Total		Level 1		Level 2		Level 3
Assets:
Money market funds	Cash and cash equivalents	$	224,885	$	224,885	$	—	$	—
Total assets		$	224,885	$	224,885	$	—	$	—

		March 31, 2016
Description	Balance Sheet Classification	Total		Level 1		Level 2		Level 3
Assets:
Money market funds	Cash and cash equivalents	$	300,020	$	300,020	$	—	$	—
Total assets		$	300,020	$	300,020	$	—	$	—