Annual report pursuant to Section 13 and 15(d)

Financial Instruments (Tables)

v3.22.0.1
Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2021
Text Block [Abstract]  
Summary of fair value hierarchy of Company's financial assets and financial liabilities
The following table summarizes the fair value hierarchy for the Company’s financial assets and financial liabilities that are
re-measured
at their fair values periodically:
 
    
As of December 3
1
, 2021
    
As of December 31, 2020
 
    
Level 1
    
Level 2
    
Level 3
    
Total
    
Level 1
    
Level 2
    
Level 3
    
Total
 
Financial Assets
                                                                       
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Long term investments—other
1
   $ 568      $ —        $ —       
$
568      $ 512      $ —        $ —       
$
512  
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Financial Liabilities
                                                                       
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Derivative liabilities
   $ —        $ —        $ 16     
$
16      $ —        $ —        $ 245     
$
245  
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
 
(1)
Long-term investments – other are included in the investments balance on the consolidated balance sheets.
Summary of changes in level one finnacial assets
The following table summarizes the changes in Level 1 financial assets:
 
    
Financial
 
Assets
 
Balance as of December 31, 2019
  
 
100
 
Revaluations on Level 1 instruments
     412  
  
 
 
 
Balance as of December 31, 2020
  
$
512  
Revaluations on Level 1 instruments
     56  
    
 
 
 
Balance as of December 31, 2021
  
$
568  
    
 
 
 
Summary of changes in level three financial assets and liabilities
 
    
Derivative
 
Liabilities
 
Balance as of December 31, 2019
  
 
1,671  
Additions
     3,325  
Revaluations on Level 3 instruments
     (4,751
  
 
 
 
Balance as of December 31, 2020
  
$
245
 
Revaluations on Level 3 instruments
     (229
    
 
 
 
Balance as of December 31, 2021
  
$
16
 
    
 
 
 
Summary of long-term debt instruments at their carrying value and fair value
The following
table summarizes the Company’s long-term debt instruments (Note 8) at their carrying value and fair value: 

    
As of December 31, 2021
    
As of December 31, 2020
 
    
Carryin
g
Value
    
Fair Value
    
Carryin
g
Value
    
Fair Value
 
Unsecured Debentures
   $ 57,171      $ 64,596      $ 54,905      $ 53,830  
Secured Notes
     134,902        176,487        115,350        134,609  
Other
     1,307        1,021        920        924  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total
  
$
193,380
 
  
$
242,104
 
  
$
171,175
 
  
$
189,363