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INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale and Trading Securities Reconciliation
The following tables summarize our short-term investments (in thousands):
 
 
 
As of December 31, 2014
 
Maturity (in years)
 
Amortized cost
Gross unrealized gains
Gross unrealized losses
Estimated fair value
Corporate debt securities (1)
1 year or less
 
21,208

3

(1
)
21,210

Commercial paper (1)
1 year or less
 
1,500



1,500

 
 
 
22,708

3

(1
)
22,710

 
 
 
As of December 31, 2013
 
Maturity (in years)
 
Amortized cost
Gross unrealized gains
Gross unrealized losses
Estimated fair value
Government sponsored enterprise (1)
2 years or less
 
3,001


(3
)
2,998

Corporate debt securities (1)
2 years or less
 
31,319


(22
)
31,297

Commercial paper (1)
1 year or less
 
8,485

12


8,497

Guaranteed investment certificates (2)
1 year or less
 
5,046


(3
)
5,043

 
 
 
47,851

12

(28
)
47,835


(1) Investments are designated as available-for-sale investments.
(2) Investments are designated as trading investments.