Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v2.4.0.8
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Measurements  
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 March 31, 2014 and December 31, 2013 (amounts in thousands):

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

 

 

 

 

 

 

 

 

 

 

March 31, 2014

 

 

 

 

 

 

 

 

 

Derivative financial instruments — assets (a)

 

$

 

2,099

 

 

2,099

 

Derivative financial instruments - liabilities

 

 

(3,193

)

 

(3,193

)

Total

 

$

 

(1,094

)

 

(1,094

)

 

 

 

 

 

 

 

 

 

 

December 31, 2013

 

 

 

 

 

 

 

 

 

Derivative financial instruments - assets (a)

 

$

 

2,495

 

 

2,495

 

Derivative financial instruments - liabilities

 

 

(2,013

)

 

(2,013

)

Total

 

$

 

482

 

 

482

 

 

(a)         Included in Other assets, net on the condensed consolidated balance sheets.

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):

 

 

 

March 31, 2014

 

December 31, 2013

 

 

 

 

 

 

 

Long term debt, including current portion:

 

 

 

 

 

Carrying value

 

$

1,622,764

 

$

1,606,793

 

Fair value (a)

 

1,664,568

 

1,656,797

 

 

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