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FAIR VALUE DISCLOSURES (Tables)
3 Months Ended
Mar. 31, 2014
FAIR VALUE DISCLOSURES  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents our financial assets and liabilities accounted for at fair value on a recurring basis as of March 31, 2014 and December 31, 2013, by level within the fair value hierarchy:
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
Description
 
Fair Value at
March 31, 2014
 
Level 1
 
Level 2
 
Level 3
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
CVRs
 
$
-
 
$
-
 
$
-
 
$
-
 
 
Description
 
Fair Value at
December 31, 2013
 
Level 1
 
Level 2
 
Level 3
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
CVRs
 
$
-
 
$
-
 
$
-
 
$
-