Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2014

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

The fair values of our financial instruments as of September 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	$	127,618	$	—	$	127,618
Restricted cash	—		13,493		13,493
Equity securities	21,828		—		21,828
Total Financial Assets	$	149,446	$	13,493	$	162,939

Financial Liabilities:
Total debt	$	—	$	1,416,631	$	1,416,631

Derivatives:
Asset for interest rate swap agreements	$	—	$	579	$	579

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	$	134,419	$	—	$	134,419
Restricted cash	—		12,050		12,050
Equity securities	22,220		—		22,220
Total Financial Assets	$	156,639	$	12,050	$	168,689

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 September 30, 2014 and impairment losses for the three and nine months ended September 30, 2014:



	As of September 30, 2014
	Fair Value Measurements Using						Impairment Losses
	Level 1		Level 2		Level 3		For the Three Months Ended September 30, 2014		For the Nine Months Ended September 30, 2014
Property and equipment, net	$	—	$	—	$	—	$	666	$	988
Goodwill, net	—		—		—		—		3,900
Investment in affiliates, net	—		—		—		—		360
	$	—	$	—	$	—	$	666	$	5,248