Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.6.0.2
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Measurements [Abstract]  
Summary of Fair Value of Financial Instruments at Carrying and Fair Value



 

December 31,



 

2016

 

2015



 

Carrying Value

 

Fair Value

 

Carrying Value

 

Fair Value

Credit Facility (a)

 

$

 

$

 

$

40,000 

 

$

40,000 

Second Lien (a)

 

 

 

 

 

 

288,565 

 

 

288,565 

6.125% Senior Notes (b)

 

 

390,219 

 

 

412,000 

 

 

 

 

   Total

 

$

390,219 

 

$

412,000 

 

$

328,565 

 

$

328,565 



(a)

Floating-rate debt.

(b)

The fair value was based upon Level 2 inputs. See Note 5 for additional information about the Company’s 6.125% Senior Notes.

Fair Value of Assets and Liabilities Measured on Recurring Basis



 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

Classification

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments

 

Fair value of derivatives

 

$

 

$

103 

 

$

 

$

103 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments

 

Fair value of derivatives

 

 

 

 

(18,296)

 

 

 

 

(18,296)

   Total net assets

 

 

 

$

 

$

(18,193)

 

$

 

$

(18,193)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

Classification

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments

 

Fair value of derivatives

 

$

 

$

19,943 

 

$

 

$

19,943 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments

 

Fair value of derivatives

 

 

 

 

 

 

 

 

   Total net assets

 

 

 

$

 

$

19,943 

 

$

 

$

19,943