XML 44 R33.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis
Items Measured at Fair Value on a Recurring Basis: The following table sets forth the assets measured at fair value on a recurring basis, by input level, in the Consolidated Balance Sheets at June 30, 2020 and December 31, 2019 (amounts in thousands):
June 30, 2020
Assets:Level 1Level 2Level 3Total
Restricted cash and investments$8,018  $2,108  $22,639  $32,765  
Marketable securities27,978  8,093  —  36,071  
Liabilities:
Other liabilities related to restricted investments—  —  3,009  3,009  
December 31, 2019
Assets:Level 1Level 2Level 3Total
Restricted cash and investments$11,276  $2,050  $29,283  $42,609  
Marketable securities27,103  7,531  —  34,634  
Schedule of Change in Restricted Investments Valued Using Level 3 Inputs
The change in restricted cash and investments and liabilities valued using Level 3 inputs for the six months ended June 30, 2020 is as follows (amounts in thousands):
Level 3 InvestmentsLevel 3
Other Liabilities
Fair value of investment and liabilities at December 31, 2019$29,283  $—  
Value of additional investment received4,678  2,339  
Unrealized gain (loss)(11,322) 670  
Fair value at June 30, 2020$22,639  $3,009  
Schedule of Estimated Fair Value of Financial Instruments
The estimated fair values of the Company’s financial instruments are as follows (amounts in thousands):
June 30, 2020December 31, 2019
Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Financial liabilities:
7% Senior Notes due 2023
$370,683  $382,943  $370,077  $390,938  
6% Senior Notes due 2025
878,869  914,760  879,275  922,031  
6% Senior Notes due 2026
583,126  652,782  582,042  662,250  
Term Loan481,762  483,882  490,768  498,127  
Revolving Credit Facility108,000  108,000  —  —  
Lumière Loan246,000  246,000  246,000  246,000  
Other long-term debt2,410  2,410  2,554  2,553