XML 34 R28.htm IDEA: XBRL DOCUMENT v3.3.0.814
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Fair Value Assumptions, Convertible Notes
The main inputs and assumptions into the fair value model for the Convertible Notes at September 30, 2015 were as follows:
Company's stock price at the end of the period
$
2.22

Expected volatility
49.8
%
Credit spreads
21.65
%
Risk-free interest rate
0.81
%
Measurement of assets and liabilities at fair value on a recurring basis
The liabilities measured at fair value on a recurring basis were as follows:
 
Level 1
 
Level 2
 
Level 3
 
Total(a)
As of September 30, 2015
 
 
 
 
 
 
 
Derivative liability for commodity hedges
$

 
$
1,302

 
$

 
$
1,302

As of December 31, 2014
 
 
 
 
 
 
 
Derivative liability for commodity hedges
$

 
$
1,615

 
$

 
$
1,615