Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2014

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

The fair values of our financial instruments as of June 30, 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	$	140,909	$	—	$	140,909
Restricted cash	—		12,544		12,544
Equity securities	22,299		—		22,299
Total Financial Assets	$	163,208	$	12,544	$	175,752

Financial Liabilities:
Total debt	$	—	$	1,501,733	$	1,501,733

Derivatives:
Liability for interest rate swap agreements	$	—	$	991	$	991

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

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 June 30, 2014 and impairment losses for the three and six months ended June 30, 2014:



	As of June 30, 2014
	Fair Value Measurements Using						Impairment Losses
	Level 1		Level 2		Level 3		For the Three Months Ended June 30, 2014		For the Six Months Ended June 30, 2014
Assets of discontinued operations	$	—	$	—	$	93,677	$	3,900	$	3,900
Property and equipment, net	—		—		—		174		322
Investment in affiliates, net	—		—		—		360		360
	$	—	$	—	$	93,677	$	4,434	$	4,582

The following non-financial instruments were measured at fair value, on a nonrecurring basis, as of June 30, 2013 and impairment losses for the three and six months ended June 30, 2013:



	As of June 30, 2013
	Fair Value Measurements Using						Impairment Losses
	Level 1		Level 2		Level 3		For the Three Months Ended June 30, 2013		For the Six Months Ended June 30, 2013
Assets of discontinued operations	$	—	$	—	$	—	$	200	$	200
Property and equipment, net	—		—		—		677		1,521
Investment in affiliates, net	—		—		—		1,246		1,246
	$	—	$	—	$	—	$	2,123	$	2,967