XML 49 R42.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Schedule of Liabilities Measured at Fair Value

There were no transfers between Levels 1, 2 or 3 during the year ended December 31, 2013. The following table presents the Company’s estimated fair value measurements and related classifications as of December 31, 2013:

 

     Quoted Prices in
Active Markets
for Identical
Assets and
Liabilities
(Level 1)
     Significant
Other
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Balance at
December 31,
2013
 

Assets:

           

Derivative financial instruments (a)

   $ —         $ 71       $ —         $ 71   

Liabilities:

           

Long-term obligations (b)

   $ —         $ 1,397,975       $ 264,781       $ 1,662,756   

 

(a) Reflected at fair value in the consolidated balance sheet as other assets of $71.
(b) Reflected at carrying value in the consolidated balance sheet as current maturities on long-term debt of $14,050 and long-term debt of $1,627,183 as of December 31, 2013.

The Company did not have any assets measured at fair value at December 31, 2012. There were no transfers between Levels 1, 2 or 3 during the year ended December 31, 2012. The following table presents the Company’s estimated fair value measurements and related classifications as of December 31, 2012:

 

     Quoted Prices in
Active Markets
for Identical
Assets and
Liabilities
(Level 1)
     Significant
Other
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Balance at
December 31,
2012
 

Liabilities:

           

Long-term obligations (a)

   $ —         $ 1,445,774       $ 416,317       $ 1,862,091   

Derivative financial instruments (b)

   $ —         $ 1,880       $ —         $ 1,880   

 

(a) Reflected at carrying value in the consolidated balance sheet as current maturities on long-term debt of $21,330 and long-term debt of $1,802,644 as of December 31, 2012.
(b) Reflected at fair value in the consolidated balance sheet as other liabilities of $1,880 at December 31, 2012.