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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2019
FAIR VALUE MEASUREMENTS  
Schedule of fair value measurement

The carrying value and fair value of the Company’s financial instruments as of June 30, 2019 and December 31, 2018 are as follows:

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Quoted Prices in

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Significant

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Significant

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Total

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Active Markets

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Observable 

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Unobservable 

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    Carrying Value    

    

  Total  

    

(Level 1)

    

Inputs (Level 2)

    

Inputs (Level 3)

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(In millions)

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June 30, 2019

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Fair Value Measurements at June 30, 2019

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Cash and cash equivalents

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$

24.0

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$

24.0

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$

24.0

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$

—

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$

—

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Restricted cash

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8.7

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8.7

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8.7

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—

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—

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Variable rate debt

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235.0

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235.0

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—

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235.0

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—

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Fixed rate debt

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609.6

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608.0

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—

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608.0

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—

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(In millions)

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December 31, 2018

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               Fair Value Measurements at December 31, 2018               

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Cash and cash equivalents

    

$

19.6

    

$

19.6

   

$

19.6

    

$

—

    

$

—

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Restricted cash

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4.9

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4.9

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4.9

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—

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—

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Variable rate debt

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235.0

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235.0

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—

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235.0

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—

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Fixed rate debt

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621.4

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584.5

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—

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584.5

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—

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