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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of changes in the earn-out, Level 3
The following table presents the changes in the earn out, the only Level 3 item, for the three and six months ended June 30, 2020:
Balance as of December 31, 2019$11,100  
Payment of earn out liability (1)
(8,000) 
Revaluations included in earnings380  
Balance as of March 31, 20203,480  
Payment of earn out liability
—  
Revaluations included in earnings130  
Balance as of June 30, 2020$3,610  
The following table presents the changes in the earn out, the only Level 3 item, for the three and six months ended June 30, 2019:
Balance as of December 31, 2018$7,075  
Payment of earn out liability
—  
Revaluations included in earnings—  
Balance as of March 31, 20197,075  
Payment of earn out liability
—  
Revaluations included in earnings469  
Balance as of June 30, 2019$7,544  
(1) See Note 19 - “Commitments and Contingencies” for further details
Summary of the Company's assets and liabilities that were recognized at fair value on a recurring basis The following table provides a summary of the Company's assets and liabilities that were recognized at fair value on a recurring basis as at June 30, 2020 and December 31, 2019:
Level 1Level 2Level 3Total Fair Value
June 30, 2020
Liabilities
Interest rate swap liability$—  $8,182  $—  $8,182  
Earn out liability—  —  3,610  3,610  
Contingent stock liability—  64,660  $—  64,660  
  Total$—  $72,842  $3,610  $76,452  
Level 1Level 2Level 3Total Fair Value
December 31, 2019
Liabilities
Interest rate swap liability$—  $2,778  $—  $2,778  
Earn out liability—  —  11,100  11,100  
Total$—  $2,778  $11,100  $13,878