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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2014
Fair Value Measurement of Assets and Liabilities on Recurring Basis

Below is a summary of assets and liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of December 31, 2014:

 

     Carrying
Value
     Fair Value  

Description

      Level 1      Level
2
     Level 3  

Interest rate swap liabilities — current (see Note 12)

   $ (4,255    $ —         $ —         $ (4,255

Interest rate swap liabilities — long term (see Note 12)

   $ (317    $ —         $ —         $ (317

Investment in RealD (see Note 7)

   $ 14,429       $ 14,429       $ —         $ —     

Below is a summary of assets and liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of December 31, 2013:

 

     Carrying
Value
     Fair Value  

Description

      Level 1      Level
2
     Level 3  

Interest rate swap liabilities — current (see Note 12)

   $ (5,367    $ —         $ —         $ (5,367

Interest rate swap liabilities — long term (see Note 12)

   $ (3,809    $ —         $ —         $ (3,809

Investment in RealD (see Note 7)

   $ 10,443       $ 10,443       $ —         $ —     
Reconciliation of Beginning and Ending Balance for Liabilities Measured at Fair Value

Below is a reconciliation of the beginning and ending balance for liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

 

     Liabilities  
     2013      2014  

Beginning balances — January 1

   $ 14,192       $ 9,176   

Total loss included in accumulated other comprehensive loss

     803         1,411   

Settlements

     (5,819      (6,015
  

 

 

    

 

 

 

Ending balances — December 31

   $ 9,176       $ 4,572