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Cash, Cash Equivalents, Short-Term Investments, Restricted Cash Equivalents and Investments
9 Months Ended
Sep. 30, 2013
Cash and Cash Equivalents [Abstract]  
Cash, Cash Equivalents, Short-Term Investments, Restricted Cash Equivalents and Investments
Cash, Cash Equivalents, Short-Term Investments, Restricted Cash Equivalents and Investments
Cash and cash equivalents, short-term investments, and restricted cash equivalents and investments as of September 30, 2013, consisted of the following (in thousands):
 
 
Amortized
Cost
 
Estimated
Fair Value
Cash and cash equivalents:
 
 
 
Cash
$
39,348

 
$
39,348

Money market mutual funds
23,038

 
23,038

Corporate notes and bonds
72,494

 
72,493

Total cash and cash equivalents
134,880

 
134,879

Short-term investments:
 
 
 
Corporate notes and bonds
60,005

 
60,041

U.S. government agency securities
23,478

 
23,486

Total short-term investments
83,483

 
83,527

Total cash, cash equivalents and short-term investments
$
218,363

 
$
218,406

Restricted cash equivalents and investments
$
5,000

 
$
5,000

Cash and cash equivalents, short-term investments, and restricted cash equivalents and investments as of December 31, 2012 consisted of the following (in thousands):
 
 
Amortized
Cost
 
Estimated
Fair Value
Cash and cash equivalents:
 
 
 
Cash
$
71,283

 
$
71,283

Money market mutual funds
10,680

 
10,680

Corporate notes and bonds
81,237

 
81,235

Total cash and cash equivalents
163,200

 
163,198

Short-term investments:
 
 
 
Corporate notes and bonds
65,426

 
65,502

U.S. Government agency securities
42,693

 
42,714

Total short-term investments
108,119

 
108,216

Total cash, cash equivalents, and short-term investments
$
271,319

 
$
271,414

Restricted cash equivalents and investments
$
10,000

 
$
10,000


Restricted cash equivalents and investments amounts as of September 30, 2013, and December 31, 2012 relate to cash and investments pledged as collateral against letters of credit in connection with lease agreements.
Realized gains or losses on sales of short-term investment securities for the quarters and nine months ended September 30, 2013 and 2012 were not significant. Gross unrealized gains and gross unrealized losses on short-term investment securities as of September 30, 2013 and December 31, 2012 were not significant.

Investments with remaining contractual maturities of five years or less are classified as short-term because the investments are marketable and highly liquid and we have the ability to utilize them for current operations. Contractual maturities of short-term investments as of September 30, 2013 (in thousands):
 
 
Estimated
Fair Value
Within one year
$
57,321

Between one year and five years
26,206

Total short-term investments
$
83,527