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Short-Term Investments (Tables)
9 Months Ended
Sep. 30, 2016
Cash and Cash Equivalents [Abstract]  
Summary of Short-Term Investments
The following table summarizes the Company’s short-term investments (in thousands):
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair Value
As of September 30, 2016
 
 
 
 
 
 
 
Corporate bonds
$
7,932

 
$
1

 
$
(2
)
 
$
7,931

Total short-term investments
$
7,932

 
$
1

 
$
(2
)
 
$
7,931

As of December 31, 2015
 
 
 
 
 
 
 
Corporate bonds
$
25,557

 
$

 
$
(52
)
 
$
25,505

Commercial paper
1,099

 

 

 
1,099

Total short-term investments
$
26,656

 
$

 
$
(52
)
 
$
26,604

Maturities of Short-Term Investments
The following table summarizes the maturities of the Company’s short-term investments (in thousands):
 
September 30, 2016
 
December 31, 2015
Less than one year
$
7,931

 
$
19,642

Due in 1 - 2 years

 
6,962

   Total short-term investments
$
7,931

 
$
26,604