Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following presents our assets and liabilities measured at fair value on a recurring basis (in thousands):



	Fair Value Measurements on a Recurring Basis as of December 31, 2016
Fair value measurements in:	Level 1		Level 2		Level 3		Total
Assets:
Money market account	$	135,204	$	—	$	—	$	135,204
Total	$	135,204	$	—	$	—	$	135,204
Liabilities:
Subsidiary unit awards	$	—	$	—	$	2,768	$	2,768
Contingent consideration liability from acquisition	—		—		—		—
Total	$	—	$	—	$	2,768	$	2,768



	Fair Value Measurements on a Recurring Basis as of December 31, 2015
Fair value measurements in:	Level 1		Level 2		Level 3		Total
Assets:
Money market account	$	122,818	$	—	$	—	$	122,818
Total	$	122,818	$	—	$	—	$	122,818
Liabilities:
Subsidiary unit awards	$	—	$	—	$	532	$	532
Contingent consideration liability from acquisition	—		—		230		230
Total	$	—	$	—	$	762	$	762

Summary of Fair Value of Level 3 Liability

The following table summarizes the change in fair value of the Level 3 liabilities for subsidiary unit awards and the contingent consideration liability from acquisition (in thousands):



	Fair Value Measurements Using Significant Unobservable Inputs
	Year Ended December 31, 2016					Year Ended December 31, 2015
	Subsidiary Unit Awards		Contingent Consideration Liability from Acquisition			Subsidiary Unit Awards		Contingent Consideration Liability from Acquisition
Beginning of period balance	$	532	$	230		$	—	$	—
Total losses / (gains) included in earnings	2,236		(230		)	380		(470		)
Obligations assumed	—		—			—		700
Transfers into Level 3	—		—			152		—
Ending of period balance	$	2,768	$	—		$	532	$	230