Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2014

Non-Financial Assets Measured and Recorded at Fair Value on a Non-Recurring

Description ($ in thousands)	Carrying Value at December 31, 2014		Quoted Prices in Active Markets for Identical (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Loss for Year Ended December 31, 2014

Property, plant and equipment, net		—		—		—		—	$	433

Summary of Financial Liability Measured at Fair Value on a Recurring Basis

The table below summarizes the financial liability that was measured at fair value on a recurring basis as of December 31, 2014 and the loss recorded during the year ended December 31, 2014:

($ in thousands)	Carrying Value at December 31, 2014		Quoted Prices in Active Markets for Identical (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Loss Year Ended December 31, 2014

Interest rate swap — cash flow hedge	$	1,020	$	—	$	1,020	$	—	$	488

The table below summarizes the financial liability that was measured at fair value on a recurring basis as of December 31, 2013 and the loss recorded during the year ended December 31, 2013:

($ in thousands)	Carrying Value at December 31, 2013		Quoted Prices in Active Markets for Identical (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Loss for Year Ended December 31, 2013

Interest rate swap — cash flow hedge	$	998	$	—	$	998	$	—	$	319

Reconciliation of Recurring Financial Liability Related to Interest Rate Swaps

($ in thousands)	Interest Rate Swaps

Balance at January 1, 2013	$	(1,606	)
Total gains for the period:
Included in earnings		319
Included in other comprehensive earnings		289

Balance at January 1, 2014	$	(998	)
Total gains (losses) for the period:
Included in earnings		488
Included in other comprehensive earnings		(510	)

Balance at December 31, 2014	$	(1,020	)

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

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