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Fair Value Measurement (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes the financial instruments measured at fair value on a recurring basis classified in the fair value hierarchy (Level 1, 2 or 3) based on the inputs used for valuation in the accompanying condensed consolidated balance sheets:
 
 
As of March 31, 2018
 
As of December 31, 2017
Fair Value Measurements:
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
 
 
 
 
 
 
 
 
 
 
 
 
 
Marketable securities (see Note 5)
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
$
10,163

 
$

 
$

 
$
468

 
$

 
$

Money market funds
 
60,059

 

 

 
44,481

 

 

Corporate bonds
 

 
41,314

 

 

 
9,262

 

Government securities - U.S.
 

 
36,777

 

 

 
19,050

 

Other fixed-income securities
 

 
8,956

 

 

 
4,250

 

Total assets
 
$
70,222

 
$
87,047

 
$

 
$
44,949

 
$
32,562

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
Related party payable (see Note 8)
 

 

 
72,767

 

 

 
98,925

Total liabilities
 
$

 
$

 
$
72,767

 
$

 
$

 
$
98,925