Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurement (Tables)

v3.20.1
Fair Value Measurement (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Liabilities Measured on a Recurring Basis
The following table presents the input level used to determine the fair values of the Company’s financial instruments measured at fair value on a recurring basis:
Fair Value as of
March 31, December 31,
Level 2020 2019
Assets:
Interest rate swap instruments 2 $ —    $ 15   
Commodity swap instruments 2 246    198   
Total assets $ 246    $ 213   
Liabilities:
Interest rate swap instruments 2 $ 10,882    $ 6,236   
Interest make-whole provisions 2 733    918   
Contingent consideration 3 678    678   
Total liabilities $ 12,293    $ 7,832   
Schedule of Changes In Fair Value Of Contingent Liabilities Classified as Level 3
The following table sets forth a summary of changes in fair value of contingent liabilities classified as Level 3 for the three months ended March 31, 2020 and March 31, 2019:
Three Months Ended Three Months Ended
March 31, 2020 March 31, 2019
Contingent consideration liabilities balance at December 31, 2019 and 2018 $ 678    $ 600   
     Changes in the fair value of contingent consideration obligation —    25   
Contingent consideration liabilities balance at March 31, 2020 and 2019 $ 678    $ 625   
Schedule of Fair Value and Carrying Value for Company's Long-Term Debt
Based on the analysis performed, the fair value and the carrying value of the Company’s long-term debt, excluding financing leases, are as follows:
As of March 31, 2020 As of December 31, 2019
Fair Value Carrying Value Fair Value Carrying Value
Long-term debt (Level 2) $ 332,683    $ 326,459    $ 309,377    $ 307,508