Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of assets and liabilities measured at fair value on a recurring basis

The estimated fair values of the Company’s financial instruments are as follows (amounts in thousands):


	March 31, 2016				December 31, 2015
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Financial assets:
Cash and cash equivalents	$	44,099	$	44,099	$	78,278	$	78,278
Restricted cash		9,054		9,054		5,271		5,271
Financial liabilities:
7.0% Senior Notes	$	366,201	$	387,188	$	366,043	$	367,500
New Term Loan		407,793		424,470		408,410		419,796
New Revolving Credit Facility		56,584		59,000		90,967		93,500
Acquisition-related contingent considerations		530		530		529		529

The following table represents the change in acquisition-related contingent consideration liabilities for the period December 31, 2015 to March 31, 2016:


Balance as of December 31, 2015	$	529
Amortization of present value discount(1)		1
Balance as of March 31, 2016	$	530