Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2017

Financial Assets Measured at Fair Value on a Recurring Basis

The following table presents information about our financial assets that have been measured at fair value on a recurring basis as of June 30, 2017 and December 31, 2016, and indicates the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands).



	Fair Value Measurements as of								Amortized Cost as of
	June 30, 2017								June 30, 2017
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents:
Cash	$	28,754	$	—	$	—	$	28,754	$	28,754
Money market funds	8,302		—		—		8,302		8,302
Corporate notes and bonds	—		799		—		799		799
Total cash and cash equivalents	37,056		799		—		37,855		37,855
Short-term investments:
Corporate notes and bonds			24,619		—		24,619		24,616
Total short-term investments	—		24,619		—		24,619		24,616
Restricted cash equivalents and investments	—		2,700		—		2,700		2,700
Warrants issued by Rhapsody (included in Other assets)	—		—		1,190		1,190		—
Total	$	37,056	$	28,118	$	1,190	$	66,364	$	65,171



	Fair Value Measurements as of								Amortized Cost as of
	December 31, 2016								December 31, 2016
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents:
Cash	$	32,585	$	—	$	—	$	32,585	$	32,585
Money market funds	136		—		—		136		136
Corporate notes and bonds	—		1,000		—		1,000		1,000
Total cash and cash equivalents	32,721		1,000		—		33,721		33,721
Short-term investments:
Corporate notes and bonds	—		43,331		—		43,331		43,343
Total short-term investments	—		43,331		—		43,331		43,343
Restricted cash equivalents and investments	—		2,700		—		2,700		2,700
Warrant issued by Rhapsody (included in Other assets)	—		—		773		773		—
Total	$	32,721	$	47,031	$	773	$	80,525	$	79,764

Schedule of Contractual Maturity Date

Contractual maturities of short-term investments as of June 30, 2017 (in thousands):



	Estimated Fair Value
Within one year	$	21,603
Between one year and five years	3,016
Total short-term investments	$	24,619