Quarterly report pursuant to Section 13 or 15(d)

Financial Instruments (Tables)

v3.22.2.2
Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2022
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:
 
    
June 30, 2022
    
December 31, 2021
 
    
Level 1
    
Level 2
    
Level 3
    
Total
    
Level 1
    
Level 2
    
Level 3
    
Total
 
Financial Assets
                                                                       
Long term investments - other
1
   $ 312      $ —        $ —        $ 312      $ 568      $ —        $ —        $ 568  
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Financial Liabilities
                                                                       
Derivative liabilities
   $ —        $ —        $ —        $ —        $ —        $ —        $ 16      $ 16  
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
 
(1)
Long-term investments – other are included in the investments balance on 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, 2021
  
$
568
 
Revaluations on Level 1 instruments
     (256
    
 
 
 
Balance as of June 30, 2022
  
$
312
 
    
 
 
 
Summary of changes in level three financial assets and liabilities
The following table summarizes the changes in Level 3 financial assets and liabilities:
 
    
Derivative Liabilities
 
Balance as of December 31, 2021
  
$
16
 
Revaluations on Level 3 instruments
     (16
    
 
 
 
Balance as of June 30, 2022
  
$
—  
 
    
 
 
 
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 5) at their carrying value and fair value:
 
    
June 30, 2022
    
December 31, 2021
 
    
Carrying Value
    
Fair Value
    
Carrying Value
    
Fair Value
 
June Unsecured Debentures
   $ 14,896      $ 14,888      $ 57,171      $ 64,596  
June Secured Debentures
     109,760        105,938        134,902        176,487  
Secured Notes
     13,135        12,971        —          —    
Other
     1,276        1,135        1,307        1,021  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total
  
$
139,067
 
  
$
134,932
 
  
$
193,380
 
  
$
242,104