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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Schedule of assets measured at fair value on a recurring basis
The Company's assets that are measured at fair value on a recurring basis consist of the following:
 
 
 
Fair Value Measurements at Reporting Date Using
As of June 30, 2016
Fair Value
 
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
Available-for-sale marketable securities:
 
 
 
 
 
Unrestricted
 
 
 
 
 
Corporate bonds
$
804,303

 

 
$
804,303

U.S. government and government agency obligations
63,132

 

 
63,132

Municipal bonds
12,733

 

 
12,733

Commercial paper
29,635

 

 
29,635

Certificates of deposit
8,014

 

 
8,014

Equity securities
17,613

 
$
17,613

 

 
935,430

 
17,613

 
917,817

Restricted
 
 
 
 
 
Equity securities
53,078

 

 
53,078

 
$
988,508

 
$
17,613

 
$
970,895

 
 
 
 
 
 
As of December 31, 2015
 
 
 
 
 
Available-for-sale marketable securities:
 
 
 
 
 
Unrestricted
 
 
 
 
 
Corporate bonds
$
767,683

 

 
$
767,683

U.S. government and government agency obligations
51,209

 

 
51,209

Municipal bonds
17,924

 

 
17,924

Equity securities
31,467

 
$
31,467

 

 
$
868,283

 
$
31,467

 
$
836,816