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Short Term Investments (Tables)
12 Months Ended
Dec. 31, 2016
Schedule of Investments [Abstract]  
Amortized cost and fair value of short term investments
The amortized cost and fair value of short term investments as of December 31, 2015 were as follows:
 
 
 
 
Amortized Cost
 
 
Gross Unrealized Gains
 
 
Gross Unrealized Losses
 
 
Fair Value
 
Corporate debt securities
 
$
1,401,904
 
$
 
$
(451)
 
$
1,401,453
 
Commercial paper
 
 
249,888
 
 
 
 
 
 
249,888
 
Total marketable securities
 
$
1,651,792
 
$
 
$
(451)
 
$
1,651,341
 
Amortized cost and fair value of short term investments by contractual maturity
As of December 31, 2015, the amortized cost and fair value of short term investments by contractual maturity were as follows:
 
 
 
Amortized Cost
 
Fair Value
 
Due in 1 year or less
 
$
1,651,792
 
$
1,651,341
 
Total marketable securities
 
$
1,651,792
 
$
1,651,341