CASH AND CASH EQUIVALENTS, AND SHORT-TERM INVESTMENTS

12 Months Ended

Dec. 31, 2017

Cash, Cash Equivalents, and Short-term Investments [Abstract]

CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

NOTE 3. CASH AND CASH EQUIVALENTS, AND SHORT-TERM INVESTMENTS

Cash and cash equivalents, and short-term investments consist of the following (in thousands):

	December 31,		December 31,
	2017		2016
Cash - Demand deposits	$	54,092	$	76,071
Cash equivalents - Money market funds		91,281		30,646
Cash and cash equivalents total	$	145,373	$	106,717

	December 31,		December 31,
	2017		2016
Commercial paper	$	-	$	29,178
Corporate debt securities		-		26,578
US Government agency securities		-		3,997
Short-term investments total	$	-	$	59,753

Money market funds and short-term investments include the following securities with gross unrealized gains and losses (in thousands):

			Gross		Gross
			Unrealized		Unrealized
As of December 31, 2017	Cost		Gains		Losses		Fair Value
Money market funds	$	91,281	$	-	$	-	$	91,281

			Gross		Gross
			Unrealized		Unrealized
As of December 31, 2016	Cost		Gains		Losses		Fair Value
Money market funds	$	30,646	$	-	$	-	$	30,646
Commercial paper		29,118		60		-		29,178
Corporate debt securities		26,606		1		(29)		26,578
US Government agency securities		4,000		-		(3)		3,997
Total	$	90,370	$	61	$	(32)	$	90,399

Unrealized gains and losses are included in accumulated other comprehensive income.