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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Summary of valuation of the Company's investments and financial instruments that are measured at fair value on a recurring basis
The following table summarizes the valuation of the Company’s investments and financial instruments that are measured at fair value on a recurring basis:
 
 
September 30, 2015
 
December 31, 2014
 
 
 
 
Fair value measurement category
 
 
 
Fair value measurement category
(In thousands)
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
Liabilities:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Warrant liabilities
 
$
825

 
$

 
$
821

 
$
4

 
$
1,081

 
$

 
$
1,061

 
$
20

Summary of change in estimated fair value of warrant liabilities
The following table summarizes the change in the estimated fair value of the Company’s warrant liabilities: 
Warrant Liabilities (In thousands)
 
Balance at December 31, 2014
$
1,081

Decrease in fair value
(256
)
Balance at September 30, 2015
$
825

Schedule of reconciliation of beginning and ending balances for the Company's fair value measurements using Level 3 inputs
A reconciliation of beginning and ending balances for the Company’s fair value measurements using Level 3 inputs is as follows: 
 
 
(In thousands)
September 30, 2015
Balance at December 31, 2014
$
20

Decrease in fair value
(16
)
Balance at September 30, 2015
$
4