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Fair Value of Assets and Liabilities (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2013 and December 31, 2012 (in thousands):

 
 
 
Estimated Fair Value Measurements at September 30, 2013
 
Carrying Value as of September 30, 2013
 
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
53,161

 
$
53,161

 
$
53,161

 
$

 
$

Restricted cash
19,126

 
19,126

 
19,126

 

 

Liabilities:
 
 
 
 
 
 
 
 
 
Borrowings under senior credit facility
$
599,250

 
$
602,991

 
$

 
$
602,991

 
$

7¾% Senior Notes
247,867

 
261,095

 

 
261,095

 

        6.625% Senior Notes
300,000

 
317,064

 

 
317,064

 

 5.125% Senior Notes
300,000

 
276,750

 

 
276,750

 

Non-recourse debt, Australian subsidiary
26,759

 
27,446

 

 
27,446

 

Other non-recourse debt, including current portion
66,813

 
68,852

 

 
68,852

 

 
 
 
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