FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2015

Financial assets and liabilities measured at fair value on a recurring basis

As of March 31, 2015 and December 31, 2014, the assets and liabilities measured at fair value consisted of the following (in thousands):



	March 31, 2015						December 31, 2014
	Fair Value Measurements Using Input Types						Fair Value Measurements Using Input Types
	Level 2		Level 3		Total		Level 2		Level 3		Total
Assets:
Derivative assets	$	3,063	$	—	$	3,063	$	1,258	$	—	$	1,258
Non-marketable securities	—		3,667		3,667		—		3,384		3,384
Total assets	$	3,063	$	3,667	$	6,730	$	1,258	$	3,384	$	4,642
Liabilities:
Derivatives liabilities	$	12	$	—	$	12	$	—	$	—	$	—

Fair value of non-marketable securities

The following table summarizes the change in the fair value of the Company's non-marketable securities during the three months ended March 31, 2015 (in thousands).



Balance as of December 31, 2014	$	3,384
Sales	—
Realized gains	59
Unrealized gains	224
Balance as of March 31, 2015	$	3,667

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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