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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Measurements  
Schedule of financial assets and liabilities at fair value

The following table summarizes the Company’s financial assets and liabilities at fair value at March 31, 2014, by respective level of the fair value hierarchy:

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

 

 

(in thousands)

 

Assets:

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

15,020

 

$

 

$

 

$

15,020

 

Liabilities:

 

 

 

 

 

 

 

 

 

KELTIP payable

 

145

 

 

 

 

145

 

 

 

$

14,875

 

$

 

$

 

$

14,875