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Fair Value of Financial Instruments: Fair Value of Financial Instruments(Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Instruments
The estimated fair values of our financial instruments were as follows (in thousands) as of:
 
March 31, 2015
 
December 31, 2014
 
Carrying Amount
Fair Value
 
Carrying Amount
Fair Value
Cash and cash equivalents (a)
$
55,084

$
55,084

 
$
6,620

$
6,620

Long-term debt, including current maturities (b)
$
342,753

$
442,121

 
$
342,752

$
430,497

_________________
(a)
Carrying value approximates fair value due to either short-term length of maturity or variable interest rates that approximate prevailing market rates and therefore is classified in Level 1 in the fair value hierarchy.
(b)
Long-term debt is valued using the market approach based on observable inputs of quoted market prices and yields available for debt instruments either directly or indirectly for similar maturities and debt ratings in active markets and therefore is classified in Level 2 in the fair value hierarchy. The carrying amount of our variable rate debt approximates fair value due to the variable interest rates with short reset periods.