Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2019

Fair Value Disclosures [Abstract]

Liabilities Measured at Fair Value on Recurring Basis

The following table presents the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis as of the following periods (in thousands):

	September 30, 2019								December 31, 2018
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Derivative assets	$	—	$	1,119	$	—	$	1,119	$	—	$	—	$	—	$	—
Total assets measured at fair value	$	—	$	1,119	$	—	$	1,119	$	—	$	—	$	—	$	—
Liabilities:
Contingent consideration	$	—	$	—	$	15,694	$	15,694	$	—	$	—	$	19,112	$	19,112
Deferred consideration	—		149,510		—		149,510		—		187,158		—		187,158
Total liabilities measured at fair value	$	—	$	149,510	$	15,694	$	165,204	$	—	$	187,158	$	19,112	$	206,270

Changes in Estimated Fair Value of Contingent Consideration Liabilities

Changes in estimated fair value of contingent consideration liabilities from December 31, 2018 through September 30, 2019 were as follows (in thousands):

	Contingent consideration liabilities (Level 3 measurement)
Balance at December 31, 2018	$	19,112
Cash payments	(4,044		)
Loss recorded for fair value adjustments	626
Balance at September 30, 2019	$	15,694