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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2016
Fair Value Disclosures [Abstract]  
Fair value of financial assets by level
The following table sets forth the fair value of our financial assets by level within the fair value hierarchy (in thousands):

 
March 31, 2016
 
Level I
 
Level II
 
Level III
 
Total
Financial Assets:
 
 
 
 
 
 
 
Money market funds
$
552,590

 
$

 
$

 
$
552,590

Money market funds-restricted
4,041

 

 

 
4,041

U.S. government notes
9,091

 

 

 
9,091

Corporate bonds

 
42,498

 

 
42,498

Total financial assets
$
565,722

 
$
42,498

 
$


$
608,220

 
December 31, 2015
 
Level I
 
Level II
 
Level III
 
Total
Financial Assets:
 
 
 
 
 
 
 
Money market funds
$
104,156

 
$

 
$

 
$
104,156

Money market funds-restricted
4,041

 

 

 
4,041

Total financial assets
$
108,197

 
$

 
$

 
$
108,197