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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GENERAL (Tables)
6 Months Ended
Jun. 30, 2017
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 June 30, 2017 (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

 

$

900

 

 

$

 

 

$

900

 

Liabilities:

 

 

 

 

 

 

 

 

Current maturities of long-term debt

 

$

 

 

$

(5,647

)

 

$

(5,647

)

Long-term debt, related parties

 


 

 


(1,323

)

 


(1,323

)