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Fair Value of Financial Instruments (Tables)
3 Months Ended
Sep. 30, 2016
Fair Value Disclosures [Abstract]  
Summary of Financial Assets Measured at Fair Value
The following table summarizes the Company’s financial assets measured at fair value on a recurring basis at September 30, 2016: 
 
 
Fair Value Measurements
 
 
September 30, 2016
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Certificates of deposit
 
$
30,104

 
$

 
$
30,104

 
$

Total
 
$
30,104

 
$

 
$
30,104

 
$