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Fair Value Disclosures (Tables)
 6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Assets Measured At Fair Value On A Recurring Basis
The table below presents the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2017 and December 31, 2016 aggregated by the level in the fair value hierarchy within which those measurements are classified and by derivative type.
Assets and Liabilities Measured at Fair Value on a Recurring Basis at
June 30, 2017 and December 31, 2016
(Dollars in thousands)
Description
Quoted Prices in
Active Markets
for Identical
Assets (Level I)
 
Significant
Other
Observable
Inputs (Level 2)
 
Significant
Unobservable
Inputs (Level 3)
 
Assets (Liabilities) Balance at
end of period
June 30, 2017
 
 
 
 
 
 
 
Cross-Currency Swaps*
$
—

 
$
2,424

 
$
—

 
$
2,424

Currency Forward Agreements*
$
—

 
$
27,067

 
$
—

 
$
27,067

Interest Rate Swap Agreements**
$
—

 
$
(290
)
 
$
—

 
$
(290
)
December 31, 2016:
 
 
 
 
 
 
 
Cross-Currency Swaps*
$
—

 
$
4,158

 
$
—

 
$
4,158

Currency Forward Agreements*
$
—

 
$
31,782

 
$
—

 
$
31,782

Interest Rate Swap Agreements**
$
—

 
$
(2,482
)
 
$
—

 
$
(2,482
)
*Included in "Other assets" in the accompanying consolidated balance sheets.
**Included in "Accounts payable and accrued liabilities" in the accompanying consolidated balance sheets.
Assets And Liabilities Measured At Fair Value On A Non-Recurring Basis
Non-recurring fair value measurements
The table below presents the Company's assets measured at fair value on a non-recurring basis during the six months ended June 30, 2017 aggregated by the level in the fair value hierarchy within which those measurements fall.

Assets Measured at Fair Value on a Non-Recurring Basis During the Six Months Ended June 30, 2017
(Dollars in thousands)
Description
Quoted Prices in
Active Markets
for Identical
Assets (Level I)
 
Significant
Other
Observable
Inputs (Level 2)
 
Significant
Unobservable
Inputs (Level 3)
 
Balance at
June 30, 2017
June 30, 2017
 
 
 
 
 
 
 
Investment in a direct financing lease, net
$
—

 
$
—

 
$
35,807

 
$
35,807


As discussed further in Note 6, during the three months ended June 30, 2017, the Company recorded impairment charges totaling $10.2 million related to its investment in a direct financing lease, net. Management estimated the fair values
of this investment taking into account various factors including independent appraisals, input from an outside broker and current market conditions. The Company determined, based on the inputs, that its valuation of the investment was classified within Level 3 of the fair value hierarchy as many of the assumptions are not observable.