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Fair Value Measurement
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Fair Value Measurement
6. FAIR VALUE MEASUREMENT

The Company’s asset measured at fair value is summarized in the following table and consists of property held for sale. Fair value is determined based on management’s best estimate of market participants’ pricing of the property, including input from broker and industry specialists, and considers the condition of the property (in thousands):

 

     Total Fair Value
Measurement
June 30, 2016
    
Level 1
     Level 2     
Level 3
 

Asset held for sale

   $ 2,010       $ —        $ —        $ 2,010