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Marketable Securities, Available-for-sale (Tables)
6 Months Ended
Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]  
Fair value of the available-for-sale marketable securities, by type of security
The following table displays the fair values of marketable securities, available-for-sale, by type of security:
 
 
JUNE 30, 2015
 
(in thousands)
AMORTIZED
COST

 
GROSS
UNREALIZED
GAINS

 
ESTIMATED
FAIR VALUE

Type of security:
 

 
 

 
 

U.S. Treasury securities
$
450

 
$

 
$
450

Municipal debt securities
9,766

 
49

 
9,815

Total debt securities
10,216

 
49

 
10,265

Time deposits
7,526

 

 
7,526

Total marketable securities, available-for-sale
$
17,742

 
$
49

 
$
17,791

 
 
 
 
 
 
 
DECEMBER 31, 2014
 
Type of security:
 

 
 

 
 

U.S. Treasury securities
$
350

 
$

 
$
350

Municipal debt securities
9,766

 
218

 
9,984

Total debt securities
10,116

 
218

 
10,334

Time deposits
7,511

 

 
7,511

Total marketable securities, available-for-sale
$
17,627

 
$
218

 
$
17,845

Fair value of the available-for-sale marketable securities, by contractual maturity
The following table displays the fair values of marketable securities, available-for-sale, by contractual maturity:
 
(in thousands)
JUNE 30, 2015

 
DECEMBER 31, 2014

Contractual maturity:
 

 
 

Maturing in one year or less
$
7,976

 
$
7,861

Maturing after three years
9,815

 
9,984

Total marketable securities, available-for-sale
$
17,791

 
$
17,845