Fair Value, Assets Measured on Recurring Basis |
Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table presents the assets and liabilities recorded that are reported at fair value on our Consolidated Balance Sheets on a recurring basis. | | | | | | | | | | | | | | | | | | March 31, 2020 | | | | | | | | | (In thousands) | | Level 1 | | Level 2 | | Level 3 | | Total | Assets | | | | | | | | | Derivative assets | | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| Liabilities | | | | | | | | | Derivative liabilities | | $ | — |
| | $ | 19,488 |
| | $ | — |
| | $ | 19,488 |
|
| | | | | | | | | | | | | | | | | | December 31, 2019 | | | | | | | | | (In thousands) | | Level 1 | | Level 2 | | Level 3 | | Total | Assets | | | | | | | | | Derivative assets | | $ | — |
| | $ | 1,451 |
| | $ | — |
| | $ | 1,451 |
| Liabilities | | | | | | | | | Derivative liabilities | | $ | — |
| | $ | 5,005 |
| | $ | — |
| | $ | 5,005 |
|
|
Fair Value Measurements, Nonrecurring |
The following table presents the carrying value and fair value of certain financial liabilities that are recorded on our Consolidated Balance Sheets. | | | | | | | | | | | | March 31, 2020 | (In thousands) | | Carrying Value(1) | | Fair Value | Term loan due 2022 | | $ | 150,000 |
| | $ | 151,058 |
| Term loan due 2023 | | 150,000 |
| | 150,994 |
| Term loan due 2024 | | 100,000 |
| | 100,731 |
| Senior fixed note due June 2024 | | 50,000 |
| | 55,684 |
| Senior fixed note due June 2027 | | 75,000 |
| | 88,581 |
| Senior fixed note due June 2026 | | 50,000 |
| | 57,602 |
| Senior fixed note due June 2028 | | 50,000 |
| | 59,541 |
| Revolving credit facility | | 178,000 |
| | 179,204 |
|
| | | | | | | | | | | | December 31, 2019 | (In thousands) | | Carrying Value(1) | | Fair Value | Term loan due 2022 | | $ | 150,000 |
| | $ | 150,834 |
| Term loan due 2023 | | 150,000 |
| | 150,510 |
| Term loan due 2024 | | 100,000 |
| | 100,352 |
| Senior fixed note due June 2024 | | 50,000 |
| | 52,496 |
| Senior fixed note due June 2027 | | 75,000 |
| | 81,176 |
| Senior fixed note due June 2026 | | 50,000 |
| | 52,946 |
| Senior fixed note due June 2028 | | 50,000 |
| | 53,902 |
| Revolving credit facility | | 52,000 |
| | 52,306 |
|
(1) Carrying values exclude deferred financing costs
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