XML 35 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2017
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value
The following table presents the Company’s financial assets and liabilities which are measured at fair values on a recurring basis as of March 31, 2017 and December 31, 2016, (in thousands). 
 
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
March 31, 2017
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
Repurchase agreements
 
$
286,921

 
$
—

 
$
286,921

 
$
—

Money market
 
50,254

 
—

 
50,254

 
—

Certificates of deposit
 
3,549

 
—

 
3,549

 
—

Total cash equivalents
 
$
340,724


$
—


$
340,724


$
—

 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
Repurchase agreements
 
$
232,131

 
$
—

 
$
232,131

 
$
—

Money market
 
50,179

 
—

 
50,179

 
—

Certificates of deposit
 
48

 
—

 
48

 
—

Total cash equivalents
 
$
282,358


$
—


$
282,358


$
—