Investments

12 Months Ended

Dec. 31, 2016

Investment Income, Interest and Dividend [Abstract]

Investments

As of December 31, 2016 the Company no longer carries certain investments intended to increase the yield on available cash balances. Prior to December 31, 2016, the Company had classified all investments as current assets, as they were available to fund current operations. These investments were in debt securities, with an average maturity of approximately one year, and were classified as available-for-sale.

These investments were accounted for in accordance with Accounting Standards Codification (“ASC”) 320-10, “Investments — Debt and Equity Securities.” At December 31, 2015, the Company’s investment balances consisted solely of available-for-sale securities and were carried at fair value in accordance with ASC 820-10.