Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2016

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, 2016 and December 31, 2015, (in thousands).

	Fair Value		Level 1		Level 2		Level 3
March 31, 2016
Assets:
Repurchase agreements	$	133,173	$	—	$	133,173	$	—
Money market	55,108		—		55,108		—
Certificates of deposit	12,990		—		12,990		—
Total cash equivalents	$	201,271	$	—	$	201,271	$	—
December 31, 2015
Assets:
Repurchase agreements	$	144,082	$	—	$	144,082	$	—
Money market	55,062		—		55,062		—
Certificates of deposit	9,373		—		9,373		—
Total cash equivalents	$	208,517	$	—	$	208,517	$	—