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Financial Instruments and Fair Value Measurement (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Estimated Fair Values of the Outstanding Debt

The estimated fair values of the Company's outstanding debt under the fair value hierarchy as of March 31, 2022 and December 31, 2021 were as follows:

 

 

Fair value measurements as of

March 31, 2022 using:

 

Description

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Revolving credit facilities

 

$

 

 

$

54,017

 

 

$

 

 

$

54,017

 

Senior notes

 

 

 

 

 

1,146,625

 

 

 

 

 

 

1,146,625

 

 

 

$

 

 

$

1,200,642

 

 

$

 

 

$

1,200,642

 

 

 

 

Fair value measurements as of

December 31, 2021 using:

 

Description

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Revolving credit facilities

 

$

 

 

$

22,874

 

 

$

 

 

$

22,874

 

Senior notes

 

 

 

 

 

1,197,449

 

 

 

 

 

 

1,197,449

 

 

 

$

 

 

$

1,220,323

 

 

$

 

 

$

1,220,323