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Fair Value Measurement Disclosures (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Estimated Fair Values of Financial Instruments

The estimated fair values of our financial instruments are as follows (in millions):

 

 

 

 

March 31, 2020

 

 

December 31, 2019

 

 

Fair Value

 

Carrying

 

 

Fair

 

 

Carrying

 

 

Fair

 

Description

Hierarchy

 

Amount

 

 

Value

 

 

Amount

 

 

Value

 

12.5% Senior Secured Notes due 2017 (note 9)

Level 2

 

$

249.9

 

 

 

263.5

 

 

$

249.9

 

 

 

263.5

 

10 3/4% Series B cumulative exchangeable

     redeemable preferred stock (note 10)

Level 3

 

 

187.5

 

 

 

44.6

 

 

 

185.0

 

 

 

66.0