Fair Value of Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2015

Fair Value of Assets and Liabilities

Schedule of certain of the entity's assets carried at fair value, categorized by the level of inputs used in the valuation of each asset

Fair Value at Reporting Date Using

Quoted Prices in

Active Markets for

Significant Other

Significant

Identical Assets

Observable Inputs

Unobservable Inputs

Description

Total

(Level 1)

(Level 2)

(Level 3)

Investment securities (1)

35,329

(1)

Our investment securities, consisting of our 3,420,000 shares of TA, which are included in other assets, net in our condensed consolidated balance sheets, are reported at fair value which is based on quoted market prices (Level 1 inputs). Our historical cost basis for these securities is $17,407. The unrealized gain for these securities as of September 30, 2015 is included in cumulative other comprehensive income in our condensed consolidated balance sheets.

Schedule of fair value of additional financial instruments


	September 30, 2015				December 31, 2014
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Senior Unsecured Notes, due 2016 at 6.3%	$	275,000	$	277,452	$	275,000	$	287,680
Senior Unsecured Notes, due 2017 at 5.625%		300,000		315,342		300,000		321,675
Senior Unsecured Notes, due 2018 at 6.7%		350,000		377,557		350,000		386,755
Senior Unsecured Notes, due 2022 at 5.0%		500,000		522,080		500,000		529,160
Senior Unsecured Notes, due 2023 at 4.5%		300,000		301,239		300,000		306,516
Senior Unsecured Notes, due 2024 at 4.65%		350,000		349,269		350,000		360,757
Senior Unsecured Notes, due 2025 at 4.5%		350,000		345,667		350,000		353,701
Convertible Senior Unsecured Notes, due 2027 at 3.8%		8,478		8,665		8,478		8,849
Unamortized discounts		(11,470)		-		(12,865)		-
Total financial liabilities	$	2,422,008	$	2,497,271	$	2,420,613	$	2,555,093