Fair Value (Tables)

6 Months Ended

Jun. 30, 2016

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table shows the fair value of the Company’s financial assets and liabilities that are required to be measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015 (amounts in thousands):

	June 30, 2016
	Fair Value Hierarchy
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)			Total Fair Value
Assets:
Derivative assets	$	—	$	—		$	—		$	—
Total assets at fair value	$	—	$	—		$	—		$	—
Liabilities:
Derivative liabilities	$	—	$	(9,049	)	$	—		$	(9,049	)
Contingent consideration obligation	—		—			(5,585		)	(5,585		)
Total liabilities at fair value	$	—	$	(9,049	)	$	(5,585	)	$	(14,634	)
	December 31, 2015
	Fair Value Hierarchy
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)			Total Fair Value
Assets:
Derivative assets	$	—	$	61		$	—		$	61
Total assets at fair value	$	—	$	61		$	—		$	61
Liabilities:
Derivative liabilities	$	—	$	(2,641	)	$	—		$	(2,641	)
Contingent consideration obligation	—		—			(5,340		)	(5,340		)
Total liabilities at fair value	$	—	$	(2,641	)	$	(5,340	)	$	(7,981	)

Schedule of Reconciliation of Fair Value of Recurring Level 3 Fair Value Measurements

The following table provides a rollforward of the fair value of recurring Level 3 fair value measurements for the three and six months ended June 30, 2016 and 2015 (amounts in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
Liabilities:
Contingent consideration obligation:
Beginning balance	$	5,460	$	6,720	$	5,340	$	6,570
Additions to contingent consideration obligation	—		—		—		—
Total changes in fair value included in earnings	125		150		245		300
Ending balance	$	5,585	$	6,870	$	5,585	$	6,870
Unrealized losses still held (1)	$	125	$	150	$	245	$	300

(1) Represents the unrealized losses recorded in earnings or other comprehensive income (loss) during the period for liabilities classified as Level 3 that are still held at the end of the period.