Derivatives (Tables)

9 Months Ended

Sep. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of fair values of derivative instruments

The following table discloses the fair values of the derivative instruments on the Company’s condensed consolidated balance sheets (in thousands):

	September 30, 2017			December 31, 2016
Derivative assets:
Interest rate cap	$	1		$	4
Total derivative assets	$	1		$	4
Derivative liabilities:
Compound embedded derivative with the 2013 8.00% Notes	$	(1,911	)	$	(26,664	)
Compound embedded derivative with the Thermo Loan Agreement	(242,324		)	(254,507		)
Total derivative liabilities	$	(244,235	)	$	(281,171	)

Schedule of derivative gains (losses)

The following table discloses the changes in value recorded as derivative gain (loss) in the Company’s condensed consolidated statement of operations (in thousands): 

	Three Months Ended				Nine Months Ended
	September 30, 2017		September 30, 2016		September 30, 2017			September 30, 2016
Interest rate cap	$	—	$	—	$	(3	)	$	(5	)
Compound embedded derivative with the 2013 8.00% Notes	2,949		1,641		(7,247		)	7,424
Compound embedded derivative with the Thermo Loan Agreement	75,891		9,341		12,183			42,718
Total derivative gain (loss)	$	78,840	$	10,982	$	4,933		$	50,137