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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis

The following tables provide the fair value measurements of applicable financial liabilities as of June 30, 2019 and December 31, 2018:

 

(in thousands)

 

  Financial liabilities at fair value as of June 30, 2019  

 

 

 

  Level 1  

 

 

  Level 2  

 

 

  Level 3  

 

 

  Total  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5% Notes

 

$

--

 

 

$

--

 

 

$

145

 

 

$

145

 

Total

 

$

--

 

 

$

--

 

 

$

145

 

 

$

145

 

 

 

 

  Financial liabilities at fair value as of December 31, 2018  

 

 

 

  Level 1  

 

 

  Level 2  

 

 

  Level 3  

 

 

  Total  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5% Notes

 

$

--

 

 

$

--

 

 

$

67

 

 

$

67

 

Total

 

$

--

 

 

$

--

 

 

$

67

 

 

$

67

 

Change In Level Three Fair Value During Period

The following table summarizes the changes in Level 3 instruments during the six months ended June 30, 2019:

 

(in thousands)

 

    

 

 

 

 

    

 

Fair value at December 31, 2018

 

$

67

 

Interest accrued on face value of 5% Notes

 

 

456

 

Change in fair value of Level 3 liabilities

 

 

(378

)

Fair value at June 30, 2019

 

$

145