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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2014
Fair Value Disclosures [Abstract]  
Fair value measurement information for financial instruments measured on a recurring basis
The following table provides fair value measurement information for financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2014 and December 31, 2013.
 
 
 
Fair value measurements at June 30, 2014 using:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
Quoted Prices in Active Markets Level 1
 
Significant Other Observable Inputs
Level 2
 
Significant Unobservable Inputs
 Level 3
 
Total
Liabilities:
 
 
 
 
 
 
 
 
Fixed price swaps
 

 
(10,379
)
 

 
(10,379
)
 
 
 
 
 
 
 
 
 
 
 
 
Fair value measurements at December 31, 2013 using:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
Quoted Prices in Active Markets Level 1
 
Significant Other Observable Inputs
Level 2
 
Significant Unobservable Inputs
 Level 3
 
Total
Assets:
 
 
 
 
 
 
 
 
Fixed price swaps
 
$

 
$
431

 
$

 
$
431

 
 
 
 
 
 
 
 
 
 
Fair value measurement information for financial instruments measured on a nonrecurring basis
The following table provides the fair value of financial instruments that are not recorded at fair value in the consolidated financial statements.
 
 
June 30, 2014
 
December 31, 2013
 
 
Carrying
 
 
 
Carrying
 
 
 
 
Amount
 
Fair Value
 
Amount
 
Fair Value
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
Debt:
 
 
 
 
 
 
 
 
Revolving credit facility
 
$
46,000

 
$
46,000

 
$
10,000

 
$
10,000

7.625% Senior Notes due 2021
 
450,000

 
497,250

 
450,000

 
460,406