FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2014

Financial assets and liabilities measured at fair value on a recurring basis

The following table represents the Company's fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 and 2013 (in thousands):



	December 31, 2014						December 31, 2013
	Fair Value Measurements Using Input Types						Fair Value Measurements Using Input Types
	Level 2		Level 3		Total		Level 2		Level 3		Total
Assets:
Derivative assets	$	1,258	$	—	$	1,258	$	185	$	—	$	185
Non-marketable securities	—		3,384		3,384		—		4,383		4,383
Total assets	$	1,258	$	3,384	$	4,642	$	185	$	4,383	$	4,568

Liabilities:
Derivative liabilities	$	—	$	—	$	—	$	938	$	—	$	938

Fair value of non-marketable securities

The following table summarizes the change in the fair value of the Company's non-marketable securities during the year ended December 31, 2014 (in thousands).



Balance as of December 31, 2013	$	4,383
Sales	(3,133		)
Impairment	(139		)
Realized gain	2,548
Unrealized gain	(275		)
Balance as of December 31, 2014	$	3,384

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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