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MARKETABLE SECURITIES (Tables)
3 Months Ended
Mar. 31, 2016
Cash and Cash Equivalents [Abstract]  
Summary of Available-for-Sale Marketable Securities

The following is a summary of available-for-sale marketable securities:

 

     March 31, 2016 (Unaudited)  
     Amortized
cost
     Gross
unrealized
gains
     Gross
unrealized
losses
     Fair
value
 

Available-for-sale - matures within one year:

           

Certificate of deposits

   $ 1       $ —         $ —         $ 1   

Corporate bonds

     6,084         —           (19      6,065   
  

 

 

    

 

 

    

 

 

    

 

 

 
     6,085         —           (19      6,066   

Available-for-sale - matures after one year through three years:

           

Government bonds

     501         —           (1      500   

Corporate bonds

     47,945         40         (260      47,725   
  

 

 

    

 

 

    

 

 

    

 

 

 
     48,446         40         (261      48,225   

Total

   $ 54,531       $ 40       $ (280    $ 54,291   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

     December 31, 2015 (Audited)  
     Amortized
cost
     Gross
unrealized
gains
     Gross
unrealized
losses
     Fair
value
 

Available-for-sale - matures within one year:

           

Certificate of deposits

   $ 1       $ —         $ —         $ 1   

Corporate bonds

     9,257         1         (50      9,208   
  

 

 

    

 

 

    

 

 

    

 

 

 
     9,258         1         (50      9,209   

Available-for-sale - matures after one year through three years:

           

Corporate bonds

     39,501         —           (444      39,057   
  

 

 

    

 

 

    

 

 

    

 

 

 
     39,501         —           (444      39,057   

Total

   $ 48,759       $ 1       $ (494    $ 48,266   
  

 

 

    

 

 

    

 

 

    

 

 

Summary of Gross Unrealized Losses and Fair Values on Investments

The following table presents gross unrealized losses and fair values for those investments that were in an unrealized loss position as of March 31, 2016 and December 31, 2015, and the length of time that those investments have been in a continuous loss position:

 

     Less than 12 months      12 months or greater  
     Fair value      Gross
unrealized loss
     Fair value      Gross
unrealized loss
 

As of March 31, 2016

   $ 31,619       $ (228    $ 9,189       $ (52

As of December 31, 2015

   $ 32,695       $ (389    $ 14,488       $ (105
Summary of Gross Realized Gain and Loss from Sale of Available-for-Sale Marketable Securities

The following table presents gross realized gains and losses from sale of available-for-sale marketable securities:

 

     Three months ended
March 31,
 
     2016      2015  
     (unaudited)      (unaudited)  

Gross realized gains from sale of available-for-sale marketable securities

   $ —         $ 1   

Gross realized losses from sale of available-for-sale marketable securities

   $ (30    $ (14