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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2016
Fair Value Disclosures [Abstract]  
Schedule of Company's Financial Assets and (Liabilities) at Fair Value on Recurring Basis
The following table summarizes the basis used to measure the Company’s financial assets at fair value on a recurring basis in the balance sheets at September 30, 2016 and December 31, 2015:
 
 
Basis of Fair Value Measurements
 
Balance at 
 September 30, 2016
 
Level 1
 
Level 2
 
Level 3
Money market investment
$
18,210

 
$
18,210

 
$

 
$

Available for sale securities
5,705

 
5,705

 

 

 
 
Basis of Fair Value Measurements
 
Balance at 
 December 31, 2015
 
Level 1
 
Level 2
 
Level 3
Money market investment
$
21,931

 
$
21,931

 
$

 
$

Available for sale securities
4,794

 
4,794

 

 

Contingent consideration
(4,705
)
 

 

 
(4,705
)