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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2016
Accounting Policies [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

In accordance with this guidance, the following table represents our fair value hierarchy for Level 1 and Level 2 financial instruments at September 30, 2016 (in thousands): 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value at Reporting Date Using

 

 

 

 

Quoted Prices in Active Markets for Identical Assets

 

Significant Other Observable Inputs

 

 

Assets:

 

Level 1

 

Level 2

 

Total

Cash and cash equivalents

 

$

492

 

 

$

 

 

$

492

 

Liabilities:

 

 

 

 

 

 

 

 

Long-term debt

 

$

 

 

$

(2,321

)

 

$

(2,321

)

Long term debt, related parties

 


 

 


(1,504

)

 


(1,504

Capital lease obligations

 

 

 

 


(1,262

 


(1,262