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Other current assets and other long-term assets
3 Months Ended
Mar. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other current assets and other long-term assets
Other current assets and other long-term assets

Other current assets consisted of the following (in thousands):
 
March 31,
 
December 31,
 
2016
 
2015
 

 
 
Prepaid expenses
$
1,530

 
$
2,287

Security deposits and other receivables
536

 
551

Interest receivable
166

 
237

 
$
2,232

 
$
3,075



The other long-term assets balance consisted of $2.0 million in deposits paid in conjunction with the Company's research and development activities as of March 31, 2016 and December 31, 2015.