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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Measurements  
Liabilities measured at fair value on a recurring basis

A summary of the Company’s liabilities measured at fair value on a recurring basis is as follows (in thousands):

September 30, 2020

December 31, 2019

    

Fair Value

    

Level 1

    

Level 2

    

Level 3

Fair Value

    

Level 1

    

Level 2

    

Level 3

Liabilities

Contingent consideration

$

5,830

$

$

$

5,830

$

5,005

$

$

$

5,005

Reconciliation of all liabilities of Company measured at fair value on a recurring basis using significant unobservable inputs

The table below presents a reconciliation of this liability (in thousands):

Total

Balance at January 1, 2020

$

5,005

Fair value adjustments

(105)

Acquisitions - Gadberry

930

Balance at September 30, 2020

$

5,830

Summary of carrying value and fair value of senior secured credit facility

The following table summarizes the carrying value and fair value of the Senior Secured Credit Facility (in thousands):

    

September 30, 2020

December 31, 2019

Carrying
Amount

    

Fair Value
Level 2

    

Carrying
Amount

    

Fair Value
Level 2

Senior Secured Credit Facility

$

223,944

$

222,216

$

225,319

$

227,363