Fair Value Measurements

6 Months Ended

Jun. 30, 2016

3. Fair Value Measurements

Assets and liabilities measured at fair value on a recurring basis are as follows (in thousands):


			Active		Observable		Unobservable
			Markets		Inputs		Inputs
Description	June 30, 2016		(Level 1)		(Level 2)		(Level 3)
Money market funds, included in cash equivalents	$	50,116	$	50,116	$	—	$	—


			Active		Observable		Unobservable
			Markets		Inputs		Inputs
Description	December 31, 2015		(Level 1)		(Level 2)		(Level 3)
Money market funds, included in cash equivalents	$	35,909	$	35,909	$	—	$	—