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Fair Value Measurement (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Summary of Change in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table shows the change in Level 3 assets and liabilities measured at fair value on a recurring basis for the three months ended March 31, 2018 and the year ended December 31, 2017:

 

 

Derivative asset embedded conversion feature

(in thousands)

 

Balance, January 1, 2017

 

$

80,651

 

Gain on change in fair value

 

 

28,242

 

Reclassification of derivative asset to equity

 

 

(108,893

)

Balance, December 31, 2017 and March 31, 2018

 

$