FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2016

Fair Value, Assets Measured on Recurring Basis

The following tables set forth the Company’s financial assets measured at fair value on a recurring basis as of March 31, 2016 and December 31, 2015, by level within the fair value hierarchy. Assets measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement.



	Fair Value as of		Fair Value Measurements at March 31, 2016
	March 31, 2016		Using Fair Value Hierarchy
	Total		Level 1		Level 2		Level 3		Valuation Technique
Assets:
Cash and cash equivalents	$	347,912	$	347,912	$	—	$	—	Market
Restricted cash	65,985		65,985		—		—		Market
Total	$	413,897	$	413,897	$	—	$	—

	Fair Value as of		Fair Value Measurements at December 31, 2015
	December 31, 2015		Using Fair Value Hierarchy
	Total		Level 1		Level 2		Level 3		Valuation Technique
Assets:
Cash and cash equivalents	$	381,703	$	381,703	$	—	$	—	Market
Restricted cash	21,610		21,610		—		—		Market
Derivative assets	101		—		101		—		Income
Total	$	403,414	$	403,313	$	101	$	—