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Available-for-sale Securities (Tables)
12 Months Ended
Dec. 31, 2014
Summary of Available for Sale Securities

The following is a summary of available-for-sale securities at December 31, 2014 (in thousands):

 

     December 31, 2014  
     Amortized Cost      Gross
    Unrealized Loss    
     Fair Value  

Money market funds

   $ 3,912       $ 0       $ 3,912   

United States government agency securities

     3,427         (1      3,426   

Corporate debt securties

     26,118         (30      26,088   
  

 

 

    

 

 

    

 

 

 

Total available-for-sale securities

   $ 33,457       ($ 31    $ 33,426   
  

 

 

    

 

 

    

 

 

 

The following is a summary of available-for-sale securities at December 31, 2013 (in thousands):

 

     December 31, 2013  
     Amortized Cost      Gross
    Unrealized (Loss)    
Gain
     Fair Value  

Money market funds

   $ 8,650       $ 0       $ 8,650   

United States government agency securities

     5,019         (1      5,018   

Corporate debt securties

     23,165         8         23,173   
  

 

 

    

 

 

    

 

 

 

Total available-for-sale securities

   $ 36,834       $ 7       $ 36,841   
  

 

 

    

 

 

    

 

 

 
Available for Sale Securities by Original Contractual Maturity

Available-for-sale securities at December 31, 2014 and 2013, consisted of the following by original contractual maturity (in thousands):

 

     December 31, 2014      December 31, 2013  
     Amortized
Cost
     Fair Value      Amortized
Cost
     Fair Value  

One year or less

   $ 27,752       $ 27,727       $ 30,700       $ 30,701   

Greater than one year and less than five years

     5,705         5,699         6,134         6,140   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total available-for-sale securities

   $ 33,457       $ 33,426       $ 36,834       $ 36,841