Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.10.0.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Long-Term Debt

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

 

Hierarchy

 

June 30, 2018

 

 

December 31, 2017

 

11.00% 1.5 Lien Term Loan, due November 2019

Level 2

 

$

75,000

 

 

$

75,000

 

9.00 % Second Lien Term Loan, due May 2020

Level 2

 

 

300,000

 

 

 

288,000

 

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

Level 2

 

 

177,513

 

 

 

162,322

 

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

Level 2

 

 

153,614

 

 

 

119,490

 

8.50% Unsecured Senior Notes, due June 2019

Level 2

 

 

187,931

 

 

 

178,439

 

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