Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.4.0.3
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2016
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 March 31, 2016 and December 31, 2015 (amounts in thousands): 
 
Level 1
 
Level 2
 
Level 3
 
Total
March 31, 2016
 

 
 

 
 

 
 

Derivative financial instruments - liabilities

 
(25,364
)
 

 
(25,364
)
Total
$

 
(25,364
)
 

 
$
(25,364
)
December 31, 2015
 

 
 

 
 

 
 

Derivative financial instruments - liabilities

 
(13,470
)
 

 
(13,470
)
Total
$

 
(13,470
)
 

 
$
(13,470
)

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, 2016
 
December 31, 2015
Long term debt, including current portion:
 

 
 

Carrying value
$
1,678,964

 
$
1,744,647

Fair value (a)
1,513,579

 
1,603,375

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