Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Measurements

Assets and Liabilities Measured at Fair Value on a Recurring Basis

A summary of the Company’s liabilities measured at fair value on a recurring basis as of December 31, 2016 is as follows (in thousands):

		As of December 31, 2016
		Fair Value		Level 1		Level 2		Level 3
Liability
Contingent consideration	$	6,400	$	-	$	-	$	6,400

Reconciliation of Assets And Liabilities Measured Using Significant Unboservable Inputs

The table below presents a reconciliation of all assets and liabilities of the Company measured at fair value on a recurring basis using significant unobservable inputs for the period from January 1, 2016 to December 31, 2016 (in thousands): 

		Fair value of Contingent Consideration Liability
Balance at January 1, 2016	$	-
Full House acquisition		6,300
Fair market value adjustments		100
Balance at December 31, 2016	$	6,400

Summary of carrying value and fair value of senior secured credit facility

The following table summarizes the carrying values and estimated fair values of the 2016 Senior Secured Credit Facility for the year ended December 31,  2016 and the 2013 Senior Secured Credit Facility for the year ended December 31, 2015 including the current portion (in thousands):

	As of December 31,
	2016				2015
	Carrying Amounts		Fair Value Level 2		Carrying Amounts		Fair Value Level 2
Senior Secured Credit Facility	$	230,820	$	233,240	$	200,357	$	198,583