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Investments (Tables)
6 Months Ended
Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-Sale Investments
The following tables summarize the Company’s available-for-sale investments at June 30, 2016 and December 31, 2015:

AVAILABLE-FOR-SALE INVESTMENTS
June 30, 2016
(in thousands)
 
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Certificates of deposit
$
6,028

$

$

$
6,028

US Treasury securities
15,780

42


15,822

US Agency securities
4,009

1


4,010

Commercial paper
499



499

Asset-backed securities
7,084

11


7,095

Corporate notes and bonds
31,449

27

(11
)
31,465

Total
$
64,849

$
81

$
(11
)
$
64,919


AVAILABLE-FOR-SALE INVESTMENTS
December 31, 2015
(in thousands)
 
Amortized Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Asset-backed securities
$
2,510

$

$
(3
)
$
2,507

Corporate notes and bonds
9,341

1

(10
)
9,332

Total
$
11,851

$
1

$
(13
)
$
11,839

Schedule of Available-For-Sale Investment Maturities
The following table summarizes the maturities of the Company’s available-for-sale securities at June 30, 2016 and December 31, 2015:

AVAILABLE-FOR-SALE INVESTMENT MATURITIES
(in thousands)
 
June 30, 2016
December 31, 2015
 
Amortized
Cost
Fair Value
Amortized
Cost
Fair Value
Due in less than 1 year
$
27,517

$
27,535

$
11,851

$
11,839

Due in 1-5 years
37,332

37,384



Due in 6-10 years




Total
$
64,849

$
64,919

$
11,851

$
11,839