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Fair Value of Assets and Liabilities (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2014 and December 31, 2013 (in thousands):

 
 
 
Estimated Fair Value Measurements at June 30, 2014
 
Carrying Value as of June 30, 2014
 
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
37,360

 
$
37,360

 
$
37,360

 
$

 
$

Restricted cash
22,420

 
22,420

 
4,325

 
18,095

 

Liabilities:
 
 
 
 
 
 
 
 
 
Borrowings under senior credit facility
$
632,000

 
$
633,114

 
$

 
$
633,114

 
$

5⅞% Senior Notes
250,000

 
263,125

 

 
263,125

 

        6.625% Senior Notes
300,000

 
322,314

 

 
322,314

 

 5.125% Senior Notes
300,000

 
300,564

 

 
300,564

 

Non-recourse debt, Australian subsidiary
22,197

 
22,581

 

 
22,581

 

Other non-recourse debt, including current portion
60,396

 
62,721

 

 
62,721

 

 
 
 
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