XML 38 R31.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value (Tables)
 3 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Nonrecurring
Non-financial assets measured at fair value on a non-recurring basis principally include real estate assets, oil and gas properties, assets held for sale, goodwill and other intangible assets, which are measured for impairment. In first quarter 2015, we recognized non-cash asset impairment charges of $504,000 associated with a residential development with golf course and country club property located near Fort Worth. We had no non-cash impairment charges of proved oil and gas properties in first quarter 2015.
 
First Quarter-End 2015
 
Year-End 2014
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(In thousands)
Non-Financial Assets and Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate
$
—

 
$
1,948

 
$
—

 
$
1,948

 
$
—

 
$
970

 
$
—

 
$
970

Proved oil and gas properties
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
3,655

 
$
3,655
Information About Our Fixed Rate Financial Instruments Not Measured at Fair Value
Information about our fixed rate financial instruments not measured at fair value follows:
 
First Quarter-End 2015
 
Year-End 2014
 
 
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
Valuation
Technique
 
(In thousands)
 
 
Loan secured by real estate
$
—

 
$
—

 
$
3,574

 
$
4,859

 
Level 2
Fixed rate debt
$
(369,112
)
 
$
(357,342
)
 
$
(370,348
)
 
$
(359,131
)
 
Level 2