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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurement of Debt Instrument

The carrying values and fair values of debt instruments are as follows (in thousands):

 

 

 

September 30, 2015

 

 

December 31, 2014

 

 

 

Carrying Value

 

 

Fair Value

 

 

Carrying Value

 

 

Fair Value

 

Line of credit

 

$

133,294

 

 

$

133,294

 

 

$

48,597

 

 

$

48,597

 

Non-bank term loans

 

 

 

 

 

 

 

 

3,138

 

 

 

3,853

 

Syndicated term loans

 

 

162,079

 

 

 

162,079

 

 

 

124,571

 

 

 

124,571

 

Bank term loan

 

 

31,520

 

 

 

34,917

 

 

 

33,382

 

 

 

35,653

 

Note payable

 

 

32,225

 

 

 

32,166

 

 

 

29,563

 

 

 

28,900

 

Solar asset-backed notes

 

 

109,698

 

 

 

113,178

 

 

 

 

 

 

 

Total

 

$

468,816

 

 

$

475,634

 

 

$

239,251

 

 

$

241,574

 

 

Schedule of Fair Value, Financial Instruments Measured on Recurring Basis

At September 30, 2015, financial instruments measured at fair value on a recurring basis, based upon the fair value hierarchy are as follows (in thousands):

 

 

 

September 30, 2015

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

Derivative liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate

   swaps

 

$

 

 

$

2,695

 

 

$

 

 

$

2,695

Warrants

 

 

 

 

 

 

 

 

427

 

 

 

427

Total

 

$

 

 

$

2,695

 

 

$

427

 

 

$

3,122