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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2017 and December 31, 2016, (in thousands). 
 
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
June 30, 2017
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
Repurchase agreements
 
$
310,034

 
$

 
$
310,034

 
$

Money market
 
50,254

 

 
50,254

 

Certificates of deposit
 
7,759

 

 
7,759

 

Total cash equivalents
 
$
368,047


$


$
368,047


$

 
 
 
 
 
 
 
 
 
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


$