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ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Carrying Amounts and Estimated Fair Values of Financial Instruments
The following is a summary of the carrying amounts and estimated fair values of our financial instruments as of September 30, 2015 and December 31, 2014.
Cash, cash equivalents, accounts receivable, accounts payable and accrued liabilities. These carrying amounts approximate fair value because of the short maturity of the instruments or because the carrying value is equal to the fair value of those instruments on the balance sheet date.
 
 
September 30, 2015
 
December 31, 2014
 
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
 
 
(in thousands)
Financial assets:
 
 
 
 
 
 
 
 
Notes receivable - Argentina operations sale
 
$

 
$

 
$
8,300

 
$
8,300

Financial liabilities:
 
 
 
 
 
 
 
 
6.75% Senior Notes due 2021
 
$
675,000

 
$
236,250

 
$
675,000

 
$
413,438

Term Loan Facility due 2020
 
314,212

 
314,212

 

 

Credit Facility revolving loans
 

 

 
70,000

 
70,000