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Fair Value of Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2014
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, 2014 and December 31, 2013 (in thousands):

 
 
 
Estimated Fair Value Measurements at March 31, 2014
 
Carrying Value as of March 31, 2014
 
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
38,063

 
$
38,063

 
$
38,063

 
$

 
$

Restricted cash
17,356

 
17,356

 
3,675

 
13,681

 

Liabilities:
 
 
 
 
 
 
 
 
 
Borrowings under senior credit facility
$
632,750

 
$
633,867

 
$

 
$
633,867

 
$

5⅞% Senior Notes
250,000

 
257,345

 

 
257,345

 

        6.625% Senior Notes
300,000

 
322,500

 

 
322,500

 

 5.125% Senior Notes
300,000

 
295,875

 

 
295,875

 

Non-recourse debt, Australian subsidiary
23,389

 
23,840

 

 
23,840

 

Other non-recourse debt, including current portion
60,351

 
62,691

 

 
62,691

 

 
 
 
Estimated Fair Value Measurements at December 31, 2013
 
Carrying Value as of December 31, 2013
 
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
52,125

 
$
52,125

 
$
52,125

 
$

 
$

Restricted cash
14,592

 
14,592

 
1,838

 
12,754

 

Liabilities:
 
 
 
 
 
 
 
 
 
Borrowings under senior credit facility
$
638,500

 
$
639,246

 
$

 
$
639,246

 
$

5⅞% Senior Notes
250,000

 
265,938

 

 
265,938

 

        6.625% Senior Notes
300,000

 
317,064

 

 
317,064

 

 5.125% Senior Notes
300,000

 
279,000

 

 
279,000

 

Non-recourse debt, Australian subsidiary
23,896

 
24,439

 

 
24,439

 

Other non-recourse debt, including current portion
60,235

 
62,319

 

 
62,319