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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2018
FAIR VALUE MEASUREMENTS  
Schedule of assets and liabilities of the entity measured at fair value on a recurring basis

Assets and liabilities of the Company measured at fair value on a recurring basis as of March 31, 2018 and December 31, 2017 are summarized as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2018

 

 

 

 

 

    

 

 

    

Significant Other

    

 

 

 

 

 

Quoted Prices in

 

Observable

 

 

 

 

 

 

Active Markets

 

Inputs

 

 

 

 

Description

 

(Level 1)

 

(Level 2)

 

Total

 

Certificates of deposit

 

$

 —

 

$

380

 

$

380

 

Money market funds

 

 

2,388

 

 

 —

 

 

2,388

 

Short term investments

 

 

471

 

 

1,757

 

 

2,228

 

Commercial paper

 

 

 —

 

 

50,549

 

 

50,549

 

Interest rate swap

 

 

 —

 

 

186

 

 

186

 

Total assets and liabilities measured at fair value

 

$

2,859

 

$

52,872

 

$

55,731

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

 

    

 

 

    

Significant Other

    

 

 

 

 

 

Quoted Prices in

 

Observable

 

 

 

 

 

 

Active Markets

 

Inputs

 

 

 

 

Description

 

(Level 1)

 

(Level 2)

 

Total

 

Certificates of deposit

 

$

 —

 

$

391

 

$

391

 

Money market funds

 

 

2,894

 

 

 —

 

 

2,894

 

Short term investments

 

 

555

 

 

6,521

 

 

7,076

 

Commercial paper

 

 

 —

 

 

49,954

 

 

49,954

 

Interest rate swap

 

 

 —

 

 

52

 

 

52

 

Total assets and liabilities measured at fair value

 

$

3,449

 

$

56,918

 

$

60,367