Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2014
Fair Value Measurements  
Schedule of the Company's financial assets and liabilities that have been measured at fair value on a recurring basis

 

 

Description

 

Total

 

Level 1

 

Level 2

 

Level 3

 

 

 

(in thousands)

 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

357 

 

$

357 

 

$

 

$

 

Available-for-sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Certificates of deposit

 

 

4,782 

 

 

4,782 

 

 

 

 

 

U.S. treasury notes

 

 

11,513 

 

 

11,513 

 

 

 

 

 

U.S. government agency securities

 

 

40,249 

 

 

 

 

40,249 

 

 

—  

 

​  

​  

​  

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Total assets at fair value

 

$

56,901 

 

$

16,652 

 

$

40,249 

 

$

—  

 

​  

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December 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

5,356 

 

$

5,356 

 

$

 

$

 

Available-for-sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Certificates of deposit

 

 

238 

 

 

238 

 

 

 

 

 

U.S. treasury notes

 

 

11,188 

 

 

11,188 

 

 

 

 

 

U.S. government agency securities

 

 

9,637 

 

 

 

 

9,637 

 

 

—  

 

​  

​  

​  

​  

​  

​  

​  

​  

Total assets at fair value

 

$

26,419 

 

$

16,782 

 

$

9,637 

 

$

—  

 

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