Fair value measurements (Tables)

12 Months Ended

Dec. 31, 2013

Fair Value Disclosures [Abstract]

Schedule of assets and liabilities by fair value hierarchy

The following tables summarize the valuation of OEH’s assets and liabilities by the fair value hierarchy at December 31, 2013 and 2012:

	Level 1	Level 2		Level 3	Total
December 31, 2013	$'000	$'000		$'000	$'000
Assets at fair value:
Derivative financial instruments	—	2		—	2
Total assets	—	2		—	2
Liabilities at fair value:
Derivative financial instruments	—	(4,890	)	—	(4,890	)
Total net liabilities	—	(4,888	)	—	(4,888	)

	Level 1	Level 2		Level 3	Total
December 31, 2012	$'000	$'000		$'000	$'000
Assets at fair value:
Derivative financial instruments	—	6		—	6
Total assets	—	6		—	6
Liabilities at fair value:
Derivative financial instruments	—	(8,879	)	—	(8,879	)
Total net liabilities	—	(8,873	)	—	(8,873	)

Schedule of estimated fair values of financial instruments (other than derivative financial instruments)

The estimated carrying values, fair values, and levels of the fair value hierarchy of OEH's long-term debt as of December 31, 2013 and 2012 were as follows:

		December 31, 2013		December 31, 2012
		Carrying amounts $’000	Fair value $’000	Carrying amounts $’000	Fair value $’000
Long-term debt, including current portion, excluding obligations under capital leases	Level 3	543,567	562,588	521,494	533,783
Long-term debt, including current portion, held by consolidated variable interest entities	Level 3	96,150	97,775	97,945	99,656

Schedule of estimated fair values of non-financial assets measured on a non-recurring basis

The estimated fair values of OEH’s non-financial assets measured on a non-recurring basis for the years ended December 31, 2013, 2012 and 2011 were as follows:

		Fair value measurement inputs
	Fair value $’000	Level 1 $’000	Level 2 $’000	Level 3 $’000	Total losses in year ended December 31, 2013 $’000
Property, plant and equipment	45,000	—	—	45,000	(36,430	)
Property, plant and equipment of discontinued operations	—	—	—	—	(1,029	)
Goodwill of discontinued operations	—	—	—	—	(3,187	)
Intangible assets of discontinued operations	—	—	—	—	(2,815	)

		Fair value measurement inputs
	Fair value $’000	Level 1 $’000	Level 2 $’000	Level 3 $’000	Total losses in year ended December 31, 2012 $’000
Assets of discontinued operations held for sale	22,040	—	—	22,040	(3,166	)
Property, plant and equipment	3,521	—	—	3,521	(2,538	)
Goodwill	7,515	—	—	7,515	(2,055	)
Other assets	—	—	—	—	(1,299	)

		Fair value measurement inputs
	Fair value $’000	Level 1 $’000	Level 2 $’000	Level 3 $’000	Total losses in year ended December 31, 2011 $’000
Assets of discontinued operations held for sale	63,522	—	—	63,522	(65,144	)
Property, plant and equipment	6,000	—	—	6,000	(8,153	)
Goodwill	—	—	—	—	(11,907	)