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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2017
Fair Value Disclosures [Abstract]  
Summary of Fair Value of Financial Assets and Liabilities

The following table summarizes the fair value of the Company’s financial assets and liabilities, by level within the fair-value hierarchy (in thousands):

 

March 31, 2017

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Financial assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative asset

 

$

 

 

$

1

 

 

$

 

 

$

1

 

Total financial assets

 

$

 

 

$

1

 

 

$

 

 

$

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liability

 

$

 

 

$

799

 

 

$

 

 

$

799

 

Derivative liability

 

 

 

 

 

326

 

 

 

 

 

 

326

 

Total financial liabilities

 

$

 

 

$

1,125

 

 

$

 

 

$

1,125

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liability

 

$

 

 

$

4,595

 

 

$

 

 

$

4,595

 

Derivative liability

 

 

 

 

 

1,575

 

 

 

 

 

 

1,575

 

Total financial assets

 

$

 

 

$

6,170

 

 

$

 

 

$

6,170