CASH AND CASH EQUIVALENTS AND SHORT TERM INVESTMENTS (Tables)

6 Months Ended

Jun. 30, 2017

Summary of Short-term Investments

The following table summarizes short-term investments as of June 30, 2017 and December 31, 2016:    

	2017		2016
	June 30		December 31
	(In thousands)
Investments in mutual funds at fair value	$	25,603	$	15,016
Term deposits with banks		3,959		6,598
Total	$	29,562	$	21,614