Indebtedness

9 Months Ended

Sep. 30, 2015

Indebtedness

Indebtedness

6.Indebtedness

Debt is reported at its carrying amount in the consolidated balance sheet.  The fair value of the Company’s outstanding indebtedness is approximately $205.0 million at September 30, 2015 compared to the carrying value of $190.0 million.  Fair value is calculated based on Level 2 inputs.