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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2012
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table summarizes our financial assets and liabilities that are measured at fair value on a recurring basis and the fair value measurements, by level, within the fair value hierarchy used at December 31, 2012:

 

            Fair Value Measurements Using:  

(in thousands)

   Fair Value      Quoted Prices in
Active Markets
(Level 1)
     Significant Other
Observable
Inputs

(Level 2)
     Significant
Unobservable
Inputs

(Level 3)
 

Assets:

           

Investments—equity securities

   $ 2,007       $ 2,007       $ —         $ —     

Investments—other

   $ 2,161       $ 2,161       $ —         $ —     

Mark-to-market energy assets, including put option

   $ 210       $ —         $ 210       $ —     

Liabilities:

           

Mark-to-market energy liabilities

   $ 331       $ —         $ 331       $ —     

The following table summarizes our financial assets and liabilities that are measured at fair value on a recurring basis and the fair value measurements, by level, within the fair value hierarchy used at December 31, 2011:

 

            Fair Value Measurements Using:  

(in thousands)

   Fair Value      Quoted Prices in
Active Markets
(Level 1)
     Significant Other
Observable
Inputs

(Level 2)
     Significant
Unobservable
Inputs

(Level 3)
 

Assets:

           

Investments—equity securities

   $ 2,224       $ 2,224       $ —         $ —     

Investments—other (1)

   $ 1,734       $ 1,734       $ —         $ —     

Mark-to-market energy assets, including put option

   $ 1,754       $ —         $ 1,754       $ —     

Liabilities:

           

Mark-to-market energy liabilities

   $ 1,496       $ —         $ 1,496       $ —     

 

(1) 

The current portion of this investment ($40) is included in other current assets in the accompanying consolidated balance sheets.