Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v2.4.0.8
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 2014
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The Company’s financial assets and liabilities as of June 30, 2014 and December 31, 2013 that are measured at fair value on a recurring basis were as follows (in thousands):
 
Level 1
 
Level 2
 
Level 3
June 30, 2014
 
 
 
 
 
LIABILITIES
 
 
 
 
 
Derivative instruments(1)
$
—

 
$
569

 
$
—

 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
LIABILITIES
 
 
 
 
 
Derivative instruments(1)
$
—

 
$
621

 
$
—


____________________
(1)
The fair value of the Company’s derivative instruments was estimated using market data gathered by a third party financial institution, adjusted for market and credit risks applicable to the Company.
Estimated Fair Value Of Other Financial Assets And Liabilities
The estimated fair values of the Company’s other financial assets and liabilities as of June 30, 2014 and December 31, 2013 were as follows (in thousands): 
 
Carrying
Amount
 
Level 1
 
Level 2
 
Level 3
June 30, 2014
 
 
 
 
 
 
 
ASSETS
 
 
 
 
 
 
 
Cash and cash equivalents
$
14,940

 
$
14,940

 
$
—

 
$
—

Notes receivable from other business ventures (included in other
  receivables and other assets)
97

 
97

 
—

 
—

LIABILITIES
 
 
 
 
 
 
 
Long-term debt, including current portion
280,810

 
—

 
299,277

 
—

 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
ASSETS
 
 
 
 
 
 
 
Cash and cash equivalents
$
31,335

 
$
31,335

 
$
—

 
$
—

Notes receivable from other business ventures (included in other
  receivables and other assets)
169

 
169

 
—

 
—

LIABILITIES
 
 
 
 
 
 
 
Long-term debt, including current portion
282,178

 
—

 
297,399

 
—