Quarterly report pursuant to Section 13 or 15(d)

Financial Instruments (Tables)

v3.21.1
Financial Instruments (Tables)
3 Months Ended
Mar. 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:
 
    
March 31, 2021
    
December 31, 2020
 
    
Level 1
    
Level 2
    
Level 3
    
Total
    
Level 1
    
Level 2
    
Level 3
    
Total
 
Financial Assets
                                                                       
Long term investments - other
1
   $  532      $  —        $ —        $ 532      $  512      $  —        $ —        $ 512  
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Financial Liabilities
                                                                       
Derivative liabilities
   $ —        $ —        $  282      $ 282      $ —        $ —        $  245      $ 245  
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
 
(1)
Long-term
investments – other are included in the investments balance in the
unaudited 
interim condensed 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, 2020
   $ 512  
Revaluations on Level 1 instruments
     20  
    
 
 
 
Balance as of March 31, 2021
  
$
532
 
    
 
 
 
Summary of changes in level three financial assets and liabilities
The following tables summarizes the changes in Level 3 financial assets and liabilities:
 
    
Derivative Liabilities
 
Balance as of December 31, 2020
  
$
245
 
Revaluations on Level 3 instruments
     37  
    
 
 
 
Balance as of March 31, 2021
  
$
282
 
    
 
 
 
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 4) at their carrying value and fair value:
 
    
March 31, 2021
    
December 31, 2020
 
    
Carrying Value
    
Fair Value
    
Carrying Value
    
Fair Value
 
Unsecured Debentures
   $ 55,455      $ 56,305      $ 54,905      $ 53,830  
Secured Notes
     130,217        141,230        115,350        134,609  
Other
     1,361        1,086        920        924  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total
  
$
187,033
 
  
$
198,621
 
  
$
171,175
 
  
$
189,363