FAIR VALUE (Tables)

3 Months Ended

Mar. 31, 2016

Fair Value Measurements, Recurring and Nonrecurring

The following fair values are estimated using market information and what the Company believes to be appropriate valuation methodologies under GAAP are as follows:



	March 31, 2016						December 31, 2015
(in thousands)	Carrying amount		Fair value				Carrying amount		Fair value
			Level 1		Level 2				Level 1		Level 2

Cash and cash equivalents	$	159,705	$	159,705	$	—	$	179,327	$	179,327	$	—
Restricted cash	4,780		4,780		—		4,801		4,801		—
Long-term debt	535,112		—		476,250		536,598		—		469,523