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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2013
FAIR VALUE MEASUREMENTS [Abstract]  
Schedule of summarized assets and liabilities measured at fair value on recurring basis
The following table summarizes the assets and liabilities measured at fair value on a recurring basis as of June 30, 2013 and December 31, 2012 (in thousands):

June 30, 2013:
 
Quoted
Prices
in Active
Markets for
Identical
Assets
(Level 1)
  
Significant
Other
Observable
Inputs
(Level 2)
  
Significant
Unobservable
Inputs
(Level 3)
  
Total
Fair Value
Measurements
 
Assets:
 
  
  
  
 
Derivatives
 
$
  
$
  
$
  
$
 
 
                
Liabilities:
                
Derivatives
 
$
  
$
30
  
$
  
$
30
 
Contingent liabilities
  
   
   
12,780
   
12,780
 
 
 
$
  
$
30
  
$
12,780
  
$
12,810
 

December 31, 2012:
 
Quoted
Prices
in Active
Markets for
Identical
Assets
(Level 1)
  
Significant
Other
Observable
Inputs
(Level 2)
  
Significant
Unobservable
Inputs
(Level 3)
  
Total
Fair Value
Measurements
 
Assets:
 
  
  
  
 
Derivatives
 
$
  
$
  
$
  
$
 
 
                
Liabilities:
                
Derivatives
 
$
  
$
1,525
  
$
  
$
1,525
 
Contingent liabilities
  
   
   
28,067
   
28,067
 
 
 
$
  
$
1,525
  
$
28,067
  
$
29,592