FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2014

FAIR VALUE MEASUREMENTS

Schedule of assets and liabilities of the entity measured at fair value on a recurring basis

Assets and liabilities of the Company measured at fair value on a recurring basis as of December 31, 2013 and September 30, 2014 are summarized as follows (in thousands):

	December 31, 2013
Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Certificates of deposit	$	—	$	363	$	363
Money market funds	$	2,244	$	—	$	2,244
Total assets measured at fair value	$	2,244	$	363	$	2,607

	September 30, 2014
Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Certificate of deposit	$	—	$	363	$	363
Money market funds	$	2,407	$	—	$	2,407
Total assets measured at fair value	$	2,407	$	363	$	2,770