10.	FAIR VALUE

The carrying amount and estimated fair value of the Company’s financial instrument assets and liabilities, which are not measured at fair value on the Condensed Consolidated Balance Sheet, are listed in the table below:

	September 30, 2018
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Financial Assets:
Cash and cash equivalents	$	10,183	$	10,183	$	-	$	-	$	10,183
Restricted cash		7,820		7,820		-		-		7,820
Prepaid expenses and other current assets		2,213		-		2,213		-		2,213

Financial Liabilities:
Accrued expenses	$	13,783	$	-	$	13,783	$	-	$	13,783
Other short term liabilities		557		-		557		-		557
Credit facility		24,374		-		20,043		-		20,043

	December 31, 2017
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Financial Assets:
Cash and cash equivalents	$	14,563	$	14,563	$	-	$	-	$	14,563
Restricted cash		39,991		39,991		-		-		39,991
Prepaid expenses and other current assets		2,352		-		2,352		-		2,352

Financial Liabilities:
Accrued expenses	$	11,771	$	-	$	11,771	$	-	$	11,771
Other short term liabilities		558		-		558		-		558
Credit facility		52,593		-		47,200		-		47,200

We estimate fair value of Facility 1 of the Credit Facility based on a present value analysis utilizing aggregated market yields obtained from independent pricing sources for similar financial instruments.

The carrying amounts reported on the Consolidated Balance Sheets for Cash and cash equivalents, Restricted cash and Noncurrent restricted cash approximate fair value because they are highly liquid.

The carrying amounts reported on the Consolidated Balance Sheets for Prepaid expenses and other current assets and Accrued expenses and Other short term liabilities approximate fair value due to the short-term nature of these items.