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Investments (Tables)
3 Months Ended
Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following tables summarize our short-term investments (dollars in thousands):
 
 
 
As of March 31, 2016
 
Maturity
 
Amortized cost
Gross unrealized gains
Gross unrealized losses
Estimated fair value
Corporate debt securities
1 year or less
 
$
26,018

$
6

$

$
26,024

Commercial paper
1 year or less
 
47,037

53


47,090

 
 
 
$
73,055

$
59

$

$
73,114

 
 
 
As of December 31, 2015
 
Maturity
 
Amortized cost
Gross unrealized gains
Gross unrealized losses
Estimated fair value
Corporate debt securities
1 year or less
 
$
27,644

$

$
(22
)
$
27,622

Commercial paper
1 year or less
 
45,158

54


45,212

 
 
 
$
72,802

$
54

$
(22
)
$
72,834