XML 42 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2013
Fair Value Disclosures [Abstract]  
Schedule of fair value hierarchy for financial assets and liabilities measured at fair value on a recurring basis

   
Level 1
   
Level 2
   
Level 3
   
Total
 
September 30, 2013:
                       
Money market funds(1)
  $ 5,005     $     $     $ 5,005  
Liabilities:
                               
Interest rate swaps (note 5)
          (303 )           (303
Asset retirement obligation(2) (note 6)
                (1,337 )     (1,337
                                 
December 31, 2012:
                               
Money market funds(1)
    5,003                   5,003  
 
 
(1)
Included in “Cash and cash equivalents” in the accompanying consolidated balance sheets as of September 30, 2013 and December 31, 2012. Unrealized gains and losses on money market funds were nominal due to the short-term nature of the investments.
(2)
We calculated the fair value of the asset retirement obligation by discounting the estimated amount using the current two-year Treasury bill rate adjusted for our credit non-performance risk.
Schedule of asset retirement obligation
Balance, January 1, 2013
 
$
 
Accrued estimated obligation, less fair value adjustment
   
2,813
 
Subsequent revision of estimated obligation
   
(1,519
)
Accretion
   
43
 
Balance, September 30, 2013
 
$
1,337
 
Schedule of fair value of term loan and revolving credit facility
 
September 30,
 
December 31,
 
 
2013
 
2012
 
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
Term loan
  $ 62,875     $ 62,628     $ 65,500     $ 65,180  
Revolving credit facility
    50,500       50,292       30,501       30,342