XML 42 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value Measurements (Tables)
3 Months Ended
Dec. 31, 2017
Fair Value Disclosures [Abstract]  
Schedule of fair value assets measured on a recurring and non-recurring basis
The following table presents the period-end balances of our assets measured at fair value on a recurring basis, and the impairment-date fair value of certain assets measured at fair value on a non-recurring basis, for each hierarchy level. These balances represent only those assets whose carrying values were adjusted to fair value during the periods presented:
(In thousands)
Level 1
 
Level 2
 
Level 3
 
Total
Three Months Ended December 31, 2017
 
 
 
 
 
 
 
Deferred compensation plan assets (a)
$

 
$
1,357

 
$

 
$
1,357

Land held for sale (b)

 

 
642

 
642

Three Months Ended December 31, 2016
 
 
 
 
 
 
 
Deferred compensation plan assets (a)
$

 
$
1,006

 
$

 
$
1,006

As of September 30, 2017
 
 
 
 
 
 
 
Deferred compensation plan assets (a)
$

 
$
1,114

 
$

 
$
1,114

Development projects in progress (b)

 

 
3,791

 
3,791

Land held for sale (b)

 

 
325

 
325


(a) Measured at fair value on a recurring basis.
(b) Measured at fair value on a non-recurring basis.
Schedule of carrying values and estimated fair values of other financial assets and liabilities
The following table presents the carrying value and estimated fair value of certain of our other financial liabilities as of December 31, 2017 and September 30, 2017:
 
As of December 31, 2017
 
As of September 30, 2017
 (In thousands)
Carrying
Amount
(a)
 
Fair Value
 
Carrying
Amount
(a)
 
Fair Value
Senior Notes (b)
$
1,257,902

 
$
1,338,675

 
$
1,259,840

 
$
1,355,657

Junior Subordinated Notes
62,453

 
62,453

 
61,937

 
61,937

 
$
1,320,355

 
$
1,401,128

 
$
1,321,777

 
$
1,417,594


(a) Carrying amounts are net of unamortized debt premium/discounts, debt issuance costs or accretion.
(b) The estimated fair value for our publicly-held Senior Notes has been determined using quoted market rates (Level 2).