FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2016

Our assets and liabilities measured at fair value subject to the three-tier hierarchy at March 31, 2016, were as follows:



	Fair Value Measurements at Reporting Date Using
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs			Significant Unobservable Inputs
(in thousands)	(Level 1)		(Level 2)			(Level 3)
Financial assets measured on a recurring basis:
Cash and cash equivalents — cash equivalents	$	15	$	—		$	—
Mutual funds — fixed income securities	36,357		—			—
Mutual funds — equity securities	1,069		—			—
Interest rate swap derivatives	—		359			—
Financial liabilities measured on a recurring basis:
Interest rate swap derivatives	—		(8,160		)	—
Total	$	37,441	$	(7,801	)	$	—

Our assets and liabilities measured at fair value subject to the three-tier hierarchy at December 31, 2015, were as follows:



	Fair Value Measurements at Reporting Date Using
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs			Significant Unobservable Inputs
(in thousands)	(Level 1)		(Level 2)			(Level 3)
Financial assets measured on a recurring basis:
Cash and cash equivalents — cash equivalents	$	49	$	—		$	—
Mutual funds — fixed income securities	35,813		—			—
Mutual funds — equity securities	976		—			—
Interest rate swap derivative	—		112			—
Financial liabilities measured on a recurring basis:
Interest rate swap derivatives	—		(3,548		)	—
Total	$	36,838	$	(3,436	)	$	—