FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2017

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 June 30, 2017 and December 31, 2016 are summarized as follows (in thousands):

			June 30, 2017
			Significant Other
	Quoted Prices in		Observable		Unobservable
	Active Markets		Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total
Certificates of deposit	$	—	$	391	$	—	$	391
Money market funds	$	3,563	$	—	$	—	$	3,563
Short term investments	$	262	$	7,493	$	—	$	7,755
Commercial Paper	$	—	$	49,957	$	—	$	49,957
Contingent Consideration	$	—	$	—	$	2,000	$	2,000
Total assets measured at fair value	$	3,825	$	57,841	$	2,000	$	63,666

	December 31, 2016
			Significant Other
	Quoted Prices in		Observable
	Active Markets		Inputs
Description	(Level 1)		(Level 2)		Total
Certificates of deposit	$	—	$	391	$	391
Money market funds	$	29,027	$	—	$	29,027
Short term investments	$	1,751	$	7,486	$	9,237
Commercial Paper	$	—	$	29,981	$	29,981
Total assets measured at fair value	$	30,778	$	37,858	$	68,636