Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.8.0.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2017
Fair Value Disclosures [Abstract]  
Schedule of fair value level of assets and liabilities that are measured on a recurring basis
The following summarizes the fair value level of assets and liabilities that are measured on a recurring basis at December 31, 2017 and December 31, 2016 (amounts in thousands): 
 
Level 1
 
Level 2
 
Level 3
 
Total
December 31, 2017
 

 
 

 
 

 
 

Interest rate swap agreements - assets (a)
$

 
7,058

 

 
7,058

Interest rate swap agreements - liabilities (a)

 
(13,817
)
 

 
(13,817
)
Total
$

 
(6,759
)
 

 
(6,759
)
December 31, 2016
 

 
 

 
 

 
 

Interest rate swap agreement - asset (a)
$

 
8,521

 

 
8,521

Interest rate swap agreements - liabilities (a)

 
(16,948
)
 

 
(16,948
)
Total
$

 
(8,427
)
 

 
(8,427
)

 

(a)
Swap asset values are included in Prepaid and other current assets or non-current Other assets, net and Swap liability values are included in current Other accrued liabilities or non-current Derivative financial instruments on the consolidated balance sheets depending on the maturity date of the swap.

Schedule of Carrying values and fair values of financial instruments that are not carried at fair value
Carrying values and fair values of financial instruments that are not carried at fair value are as follows (amounts in thousands):
 
December 31, 2017
 
December 31, 2016
Long term debt, including current portion:
 

 
 

Carrying value
$
1,718,297

 
1,698,778

Fair value (a)
1,645,616

 
1,716,385


 
(a) 
The fair value is based on market quotations from third party financial institutions and is classified as Level 2 in the hierarchy.