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Fair Value of Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2013
Fair Value Disclosures [Abstract]  
Carrying value and estimated fair value of financial instruments
The following tables present the carrying values of those financial instruments and the estimated corresponding fair values at March 31, 2013 and December 31, 2012 (in thousands):

 
 
 
Estimated Fair Value Measurements at March 31, 2013
 
Carrying Value as of March 31, 2013
 
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
83,724

 
$
83,724

 
$
83,724

 
$

 
$

Restricted cash
32,264

 
32,264

 
32,264

 

 

Liabilities:
 
 
 
 
 
 
 
 
 
Borrowings under Senior Credit Facility
$
556,392

 
$
560,288

 
$

 
$
560,288

 
$

7¾% Senior Notes
247,648

 
267,188

 

 
267,188

 

        6.625% Senior Notes
300,000

 
330,375

 

 
330,375

 

 5.125% Senior Notes
300,000

 
303,000

 

 
303,000

 

Non-recourse debt, Australian subsidiary
33,283

 
34,350

 

 
34,350

 

Other non-recourse debt, including current portion
83,556

 
86,903

 

 
86,903

 

 
 
 
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