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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Disclosures [Abstract]  
Summary Of Financial Assets And Liabilities Accounted For At Fair Value
The table below sets forth, by level, the Company’s financial assets and liabilities that are recorded at fair value in the accompanying consolidated balance sheet: 
 
 
Fair Value at
 
December 31, 2015
 
 
Total
 
Level 1
 
Level 2
 
Level 3
 
 
(In thousands)
Assets:
 
 

 
 

 
 

 
 

Investments in marketable securities
 
$
201,910

 
$
11,713

 
$
190,197

 
$

Derivatives
 
9,052

 
5,597

 
1,023

 
2,432

Total assets
 
$
210,962

 
$
17,310

 
$
191,220

 
$
2,432

Liabilities:
 
 

 
 

 
 

 
 

Derivatives
 
$

 
$

 
$

 
$


 
 
 
Fair Value at
 
December 31, 2014
 
 
Total
 
Level 1
 
Level 2
 
Level 3
 
 
(In thousands)
Assets:
 
 

 
 

 
 

 
 

Investments in marketable securities
 
$
254,099

 
$
5,145

 
$
248,954

 
$

Derivatives
 
13,557

 
9,026

 
1,491

 
3,040

Total assets
 
$
267,656

 
$
14,171

 
$
250,445

 
$
3,040

Liabilities:
 
 

 
 

 
 

 
 

Derivatives
 
$
766

 
$

 
$
766

 
$

Summary Of Change In The Fair Values Of Financial Instruments Categorized As Level 3
The following table summarizes the change in the fair values of financial instruments categorized as level 3.
 
 
 
Year Ended December 31,
 
 
 
2015
 
2014
 
 
 
(In thousands)
Balance, beginning of period
 
 
$
3,040

 
$
4,946

Realized and unrealized losses recognized in earnings, net
 
 
(8,602
)
 
(6,572
)
Included in other comprehensive income
 
 
(1,341
)
 

Purchases
 
 
13,541

 
5,288

Issuances
 
 
(4,046
)
 
(622
)
Settlements
 
 
(160
)
 

Ending balance
 
 
$
2,432

 
$
3,040