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Investments (Tables)
6 Months Ended
Jun. 30, 2014
Investments  
Summary of investments

 

The following is a summary of our investments as of June 30, 2014 and December 31, 2013 (in thousands):

 

 

 

June 30, 2014

 

 

 

 

 

Gross

 

Gross

 

Estimated

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

 

 

Cost

 

Gains

 

Losses

 

Value

 

Corporate debt securities

 

 

 

 

 

 

 

 

 

Due in one year or less

 

$

41,237

 

$

68

 

$

(4

)

$

41,301

 

Due in one to three years

 

89,780

 

210

 

(17

)

89,973

 

U.S. treasury and government agency securities

 

 

 

 

 

 

 

 

 

Due in one year or less

 

18,848

 

31

 

 

18,879

 

Due in one to three years

 

32,717

 

51

 

(5

)

32,763

 

Commercial paper

 

 

 

 

 

 

 

 

 

Due in one year or less

 

1,500

 

 

 

1,500

 

Total investments

 

$

184,082

 

$

360

 

$

(26

)

$

184,416

 

 

 

 

December 31, 2013

 

 

 

 

 

Gross

 

Gross

 

Estimated

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

 

 

Cost

 

Gains

 

Losses

 

Value

 

Corporate debt securities

 

 

 

 

 

 

 

 

 

Due in one year or less

 

$

42,609

 

$

44

 

$

(4

)

$

42,649

 

Due in one to three years

 

91,443

 

137

 

(106

)

91,474

 

U.S. treasury and government agency securities

 

 

 

 

 

 

 

 

 

Due in one year or less

 

18,526

 

19

 

 

18,545

 

Due in one to three years

 

34,123

 

37

 

(25

)

34,135

 

Total investments

 

$

186,701

 

$

237

 

$

(135

)

$

186,803