Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2014

Schedule of Fair Value of Assets and Liabilities measured on a recurring basis

The fair values of our financial instruments as of March 31, 2014 are presented in the following table:



	Fair Value Measurements Using
(in thousands)	Level 1		Level 2		Fair Value
Financial Assets:
Cash and cash equivalents	$	122,906	$	—	$	122,906
Restricted cash	—		12,630		12,630
Equity securities	22,334		—		22,334
Total Financial Assets	$	145,240	$	12,630	$	157,870

Financial Liabilities:
Total debt	—		1,544,009		1,544,009
Total Financial Liabilities	$	—	$	1,544,009	$	1,544,009

The fair values of our financial instruments as of December 31, 2013 are presented in the following table:



	Fair Value Measurements Using
(in thousands)	Level 1		Level 2		Fair Value
Financial Assets:
Cash and cash equivalents	$	134,741	$	—	$	134,741
Restricted cash	—		12,050		12,050
Equity securities	22,220		—		22,220
Total Financial Assets	$	156,961	$	12,050	$	169,011

Financial Liabilities:
Total debt	—		869,232		869,232
Total Financial Liabilities	$	—	$	869,232	$	869,232

Derivatives:
Liability for interest rate swap agreements	$	—	$	4,020	$	4,020

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]

The following non-financial instruments were measured at fair value, on a nonrecurring basis, as of March 31, 2014 and impairment losses for the three months ended March 31, 2014:



	As of March 31, 2014
	Fair Value Measurements Using						Impairment Losses
	Level 1		Level 2		Level 3		For the three months ended March 31, 2014
Property and equipment, net	$	—	$	—	$	—	$	148
Investment in affiliates, net	—		—		30		360
	$	—	$	—	$	30	$	508

The following non-financial instruments were measured at fair value, on a nonrecurring basis, as of March 31, 2013 and impairment losses for the three months ended March 31, 2013:



	As of March 31, 2013
	Fair Value Measurements Using						Impairment Losses
	Level 1		Level 2		Level 3		For the three months ended March 31, 2013
Property and equipment, net	$	—	$	—	$	—	$	844