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Investments
3 Months Ended
Mar. 31, 2016
Investments Debt And Equity Securities [Abstract]  
Investments

3.

Investments

As of March 31, 2016, the fair value of available-for-sale investments by type of security was as follows:

 

 

March 31, 2016

 

 

 

Amortized

Cost

 

 

Gross

Unrealized Gain

 

 

Gross

Unrealized Loss

 

 

Fair

Value

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial Paper

 

$

55,928

 

 

$

92

 

 

 

 

 

$

56,020

 

Corporate Bonds

 

 

26,964

 

 

 

8

 

 

 

 

 

 

26,972

 

Government Securities

 

 

15,037

 

 

 

7

 

 

 

 

 

 

15,044

 

Treasury Bonds

 

 

12,012

 

 

 

2

 

 

 

 

 

 

12,014

 

 

 

$

109,941

 

 

$

109

 

 

$

 

 

$

110,050

 

 

 

December 31, 2015

 

 

 

Amortized

Cost

 

 

Gross

Unrealized Gain

 

 

Gross

Unrealized Loss

 

 

Fair

Value

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial Paper

 

$

64,733

 

 

$

87

 

 

 

 

 

$

64,820

 

Corporate Bonds

 

 

46,538

 

 

 

 

 

 

(48

)

 

 

46,490

 

Government Securities

 

 

15,823

 

 

 

 

 

 

(4

)

 

 

15,819

 

Treasury Bonds

 

 

4,022

 

 

 

 

 

 

(2

)

 

 

4,020

 

 

 

$

131,116

 

 

$

87

 

 

$

(54

)

 

$

131,149

 

 

Investments with original maturities of less than 90 days are included in cash and cash equivalents on the consolidated balance sheets and are not included in the table above.

As of March 31, 2016 and December 31, 2015, the Company’s commercial paper, corporate bonds, government securities and treasury bonds had remaining maturities of less than 12 months.