XML 58 R41.htm IDEA: XBRL DOCUMENT v3.3.1.900
Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets and Liabilities Measured on a Recurring Basis
The fair values of our financial instruments as of December 31, 2015 are presented in the following table:

 
Fair Value Measurements Using
 
 
(in thousands)
Level 1
 
Level 2
 
Level 3
 
Fair Value
Financial Assets:
 
 
 
 
 
 
 
Cash and cash equivalents
$
99,090

 
$

 
$

 
$
99,090

Restricted cash

 
10,926

 

 
10,926

Equity securities
22,709

 

 

 
22,709

 
$
121,799

 
$
10,926

 
$

 
$
132,725

 
 
 
 
 
 
 
 
Financial Liabilities:
 
 
 
 
 
 
 
Total debt
$

 
$
1,315,473

 
$

 
$
1,315,473

 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
 
Liability for interest rate swap agreements
$

 
$
4,370

 
$

 
$
4,370


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

 
Fair Value Measurements Using
 
 
(in thousands)
Level 1
 
Level 2
 
Level 3
 
Fair Value
Financial Assets:
 
 
 
 
 
 
 
Cash and cash equivalents
$
104,677

 
$

 
$

 
$
104,677

Restricted cash

 
12,360

 

 
12,360

Equity securities
22,264

 

 

 
22,264

 
$
126,941

 
$
12,360

 
$

 
$
139,301

 
 
 
 
 
 
 
 
Financial Liabilities:
 
 
 
 
 
 
 
Total debt
$

 
$
1,323,201

 
$

 
$
1,323,201

 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
 
Liability for interest rate swap agreements
$

 
$
3,781

 
$

 
$
3,781

Schedule of Assets Measured on a Nonrecurring Basis
The following non-financial instruments were measured at fair value, on a nonrecurring basis, as of and for the year ended December 31, 2015:

 
 
 
Fair Value Measurements Using
 
 
(in thousands)
 
 
Level 1
 
Level 2
 
Level 3
 
Impairment Losses
Property and equipment, net
$

 
$

 
$

 
$

 
$
3,770


The following non-financial instruments were measured at fair value, on a nonrecurring basis, as of and for the year ended December 31, 2014:

 
 
 
Fair Value Measurements Using
 
 
(in thousands)
 
 
Level 1
 
Level 2
 
Level 3
 
Impairment Losses
Property and equipment, net
$

 
$

 
$

 
$

 
$
1,070

Goodwill, net

 

 

 

 
3,900

Investment in affiliates, net

 

 

 

 
360

 
$

 
$

 
$

 
$

 
$
5,330


The following non-financial instruments were measured at fair value, on a nonrecurring basis, as of and for the year ended December 31, 2013:

 
 
 
Fair Value Measurements Using
 
 
(in thousands)
 
 
Level 1
 
Level 2
 
Level 3
 
Impairment Losses
Assets of discontinued operations
$
19,961

 
$

 
$

 
$
19,961

 
$
9,614

Property and equipment, net

 

 

 

 
1,969

Goodwill, net
77,616

 

 

 
77,616

 
42,216

Other intangible assets, net

 

 

 

 
248

 
$
97,577

 
$

 
$

 
$
97,577

 
$
54,047