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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Items Measured at Fair Value

The following tables categorize items measured at fair value as of September 30, 2022 and December 31, 2021:

 

 

 

 

 

 

Fair Value Measurement at Reporting Date Using

 

September 30, 2022

 

 

 

 

Quoted Prices in
Active Markets
for Identical
Assets (Level 1)

 

 

Significant
Other
Observable
Inputs (Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Derivative contracts

 

$

23,387

 

 

$

 

 

$

23,387

 

 

$

 

Total

 

$

23,387

 

 

$

 

 

$

23,387

 

 

$

 

Liabilities

 

 

 

 

 

 

 

.

 

 

 

 

Derivative contracts

 

$

23,610

 

 

$

 

 

$

23,610

 

 

$

 

Total

 

$

23,610

 

 

$

 

 

$

23,610

 

 

$

 

 

 

 

 

 

 

Fair Value Measurement at Reporting Date Using

 

December 31, 2021

 

 

 

 

Quoted Prices in
Active Markets
for Identical Assets (Level 1)

 

 

Significant
Other
Observable
Inputs (Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Derivative contracts

 

$

10,362

 

 

$

 

 

$

10,362

 

 

$

 

Total

 

$

10,362

 

 

$

 

 

$

10,362

 

 

$

 

Liabilities

 

 

 

 

 

 

 

.

 

 

 

 

Derivative contracts

 

$

19,711

 

 

$

 

 

$

19,711

 

 

$

 

Total

 

$

19,711

 

 

$

 

 

$

19,711

 

 

$

 

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments The estimated fair value, as well as the carrying value, of the Company’s debt instruments are shown below:

 

 

 

September 30,
2022

 

 

December 31,
2021

 

(Dollars in thousands)

 

 

 

 

 

 

Estimated aggregate fair value

 

$

514,804

 

 

$

605,874

 

Aggregate carrying value (1)

 

 

577,437

 

 

 

616,215

 

 

Total debt excluding the impact of unamortized debt issuance costs.