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Fair Value of Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2012
Fair Value Disclosures [Abstract]  
Carrying value and estimated fair value of financial instruments
The Company’s consolidated balance sheets reflect certain financial instruments at carrying value. The following table presents the carrying values of those instruments and the corresponding fair values (in thousands):
 
Estimated Fair Value Measurements at December 31, 2012
 
Carrying Value as of December 31, 2012
 
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
   Cash and cash equivalents
$
31,755

 
$
31,755

 
$
31,755

 
$

 
$

   Restricted cash
34,949

 
34,949

 
34,949

 

 

Liabilities:
 
 
 
 
 
 
 
 
 
   Borrowings under Senior Credit Facility
$
797,430

 
$
803,097

 
$

 
$
803,097

 
$

   7¾% Senior Notes
247,543

 
270,313

 

 
270,313

 

   6.625% Senior Notes
300,000

 
335,814

 

 
335,814

 

Non-recourse debt, Australian subsidiary
34,832

 
34,973

 

 
34,973

 

Other non-recourse debt, including current portion
88,650

 
91,345

 

 
91,345

 

 
Estimated Fair Value Measurements at January 1, 2012
 
Carrying Value as of January 1, 2012
 
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
43,377

 
$
43,377

 
$
43,377

 
$

 
$

Restricted cash
51,881

 
51,881

 
51,881

 

 

Liabilities:
 
 
 
 
 
 
 
 
 
   Borrowings under Senior Credit Facility
$
782,962

 
$
785,917

 
$

 
$
785,917

 
$

   7¾% Senior Notes
247,141

 
262,033

 

 
262,033

 

   6.625% Senior Notes
300,000

 
300,375

 

 
300,375

 

Non-recourse debt, Australian subsidiary
40,345

 
41,347

 

 
41,347

 

Other non-recourse debt, including current portion
201,453

 
206,712

 

 
206,712