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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The estimated carrying amount and fair value of the Company’s financial instruments and other assets and liabilities measured and recorded at fair value on a recurring basis at June 30, 2017 is as follows (in thousands):
 
Fair Value Measurements at June 30, 2017
 
Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs (Level 3)
 
Total Fair Value
Recurring:

 

 

 

Non-current assets

 

 

 

     Derivative asset (Note 3)
$

 
$
79

 
$

 
$
79

    




The estimated carrying amount and fair value of the Company’s financial instruments and other assets and liabilities measured and recorded at fair value on a recurring basis at December 31, 2016 is as follows (in thousands):
 
Fair Value Measurements at December 31, 2016

Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs (Level 3)
 
Total Fair Value
Recurring:

 

 

 

Non-current assets (liabilities)

 

 

 

     Derivative asset (Note 3)
$

 
$
2,475

 
$

 
$
2,475

     Derivative liability (Note 3)
$

 
$
(13,250
)
 
$

 
$
(13,250
)
Schedule of Carrying Amount and Fair Value of Financial Instruments
The estimated carrying amount and fair value of the Company’s financial instruments and liabilities for which fair value is only disclosed is as follows (in thousands):
 
Fair Value Measurements at June 30, 2017
 
Carrying Amount
 
Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs (Level 3)
 
Total Fair Value
Senior secured notes
$
529,822

 
$

 
$
617,406

 
$

 
$
617,406