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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of financial instruments recognized on balance sheet at carrying value
Financial instruments that we recognize in our balance sheets at their carrying amounts are shown in the table below along with their associated fair values (in thousands):
 
 
 
Fair
Value
Hierarchy
 
June 30, 2018
 
December 31, 2017
 
 
 
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
Financial assets:
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
Level 1
 
$
100,094

 
$
100,094

 
$
42,052

 
$
42,052

Financial liabilities:
 
 
 
 
 
 
 
 
 
 
Debt:
 
 
 
 
 
 
 
 
 
 
Revolver
 
Level 2
 

 

 
410,000

 
410,000

Senior Notes
 
Level 2
 
989,380

 
986,930

 
495,283

 
523,800

Notes payable – related party
 
Level 2
 
285,000

 
285,000

 
370,000

 
370,000