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MARKETABLE SECURITIES
 9 Months Ended
Sep. 30, 2017
MARKETABLE SECURITIES

3. MARKETABLE SECURITIES

The Company’s marketable securities are as follows:

 

(in thousands)    Amortized
Cost		      Unrealized
Gains		      Unrealized
Losses		      Fair
Value		  

September 30, 2017

            

Municipal bonds

    $ 32,764      $ 12      $ (17 )     $ 32,759  

Corporate bonds

      31,079        12        (38 )       31,053  
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 63,843      $ 24      $ (55 )     $ 63,812  
  

 

 

     

 

 

     

 

 

     

 

 

  

December 31, 2016

            

Municipal bonds

    $ 36,746      $ —        $ (139 )     $ 36,607  

Corporate bonds

      26,610        1        (51 )       26,560  
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 63,356      $ 1      $ (190 )     $ 63,167  
  

 

 

     

 

 

     

 

 

     

 

 

  

As of September 30, 2017, the Company did not hold any investments with unrealized losses that are considered to be other-than-temporary.

As of September 30, 2017, remaining maturities of marketable debt securities ranged from October 2017 to September 2020, with a weighted-average remaining maturity of approximately 14 months.