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FAIR VALUE DISCLOSURES (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents our financial assets and liabilities that were accounted for at fair value on a recurring basis as of December 31, 2016 and 2015, by level within the fair value hierarchy:
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
Fair Value at
 
 
 
 
 
 
 
Description
 
December 31, 2016
 
Level 1
 
Level 2
 
Level 3
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
CVRs
 
$
-
 
$
-
 
$
-
 
$
-
 
 
 
 
Fair Value at
 
 
 
 
 
 
 
Description
 
December 31, 2015
 
Level 1
 
Level 2
 
Level 3
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
CVRs
 
$
-
 
$
-
 
$
-
 
$
-