Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.7.0.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Derivatives Financial Instruments and Long-Term Debt

The following table presents the fair value of our open derivatives and long-term debt, all of which are classified as Level 2 within the valuation hierarchy (in thousands):

 

 

June 30, 2017

 

 

December 31, 2016

 

 

 

Assets

 

 

Liabilities

 

 

Assets

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives - open contracts

 

$

5,436

 

 

$

 

 

$

 

 

$

 

11.00% 1.5 Term Loan, due November 2019 (1)

 

 

 

 

 

75,000

 

 

 

 

 

 

75,000

 

9.00% Second Lien Term Loan, due May 2020 (1)

 

 

 

 

 

249,000

 

 

 

 

 

 

255,000

 

9.00%/10.75% Second Lien PIK Toggle Notes, due May 2020 (1)

 

 

 

 

 

133,666

 

 

 

 

 

 

122,255

 

8.50%/10.00% Third Lien PIK Toggle Notes, due June 2021 (1)

 

 

 

 

 

99,210

 

 

 

 

 

 

80,243

 

8.50% Unsecured Senior Notes, due June 2019  (1)

 

 

 

 

 

131,931

 

 

 

 

 

 

123,389

 

 

(1)

The long-term debt items are reported on the Condensed Consolidated Balance Sheets at their carrying value as described in Note 2.