Financial Instruments

9 Months Ended

Sep. 30, 2015

Fair Value Disclosures [Abstract]

Financial Instruments

Financial Instruments

The following tables summarize our financial assets measured at fair value on a recurring basis at September 30, 2015 and December 31, 2014 (in thousands):

	Fair Value Measurements at Reporting Date Using
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Balance at September 30, 2015
Cash	$	34,570	$	34,570	$	—	$	—
Total cash	$	34,570	$	34,570	$	—	$	—
Certificates of deposit	$	705	$	—	$	705	$	—
Merchant bank deposit	744		744		—		—
Total restricted cash and cash equivalent	$	1,449	$	744	$	705	$	—
Balance at December 31, 2014
Cash	$	55,417	$	55,417	$	—	$	—
Total cash	$	55,417	$	55,417	$	—	$	—
Certificates of deposit	$	762	$	—	$	762	$	—
Merchant bank deposit	800		800		—		—
Total restricted cash and cash equivalent	$	1,562	$	800	$	762	$	—

At September 30, 2015, accounts receivable and accounts payable are not measured at fair value; however, the Company believes that the carrying amounts of these assets and liabilities are a reasonable estimate of their fair value because of their relative short maturity. Accounts receivable and accounts payable are categorized as Level 2.

There have been no transfers and no changes in valuation methods for these assets or liabilities for the periods ended September 30, 2015 and December 31, 2014.