Investments and Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Components of Cash, Cash Equivalents and Short-Term Investments, Including Unrealized Gains and Losses
The components of our cash equivalents and short-term investments, including unrealized gains and losses associated with each are as follows (in thousands):
 
December 31, 2016
 
Amortized
cost
 
Gross
unrealized
gains
 
Gross
unrealized
losses
 
Fair Value
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
11,126

 
$

 
$

 
$
11,126

Total cash equivalents
$
11,126

 
$

 
$

 
$
11,126

Short term investments:
 
 
 
 
 
 
 
Certificates of deposit, 90 days or greater
23,808

 

 

 
23,808

Total cash equivalents and short term investments
$
34,934

 
$

 
$

 
$
34,934



 
December 31, 2015
 
Amortized
cost
 
Gross
unrealized
gains
 
Gross
unrealized
losses
 
Fair Value
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
24,116

 
$

 
$

 
$
24,116

Total cash equivalents
$
24,116

 
$

 
$

 
$
24,116

Short term investments:
 
 
 
 
 
 
 
Certificates of deposit, 90 days or greater
17,610

 

 

 
17,610

Total cash equivalents and short term investments
$
41,726

 
$

 
$

 
$
41,726

Fair Value Hierarchy for its Financial Assets and Liabilities
The following table represents the Company’s fair value hierarchy for its financial assets and liabilities (in thousands):

 
December 31, 2016
 
Fair Value
 
Level I
Cash equivalents:
 
 
 
Money market funds
$
11,126

 
$
11,126

Total financial assets
$
11,126

 
$
11,126


 
December 31, 2015
 
Fair Value
 
Level I
Cash equivalents:
 
 
 
Money market funds
$
24,116

 
$
24,116

Total financial assets
$
24,116

 
$
24,116