Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Estimated Fair Values of Remaining Financial Instruments

The following table provides the estimated fair values of the remaining financial instruments:



	As of December 31, 2016				As of December 31, 2015
(in thousands)	Carrying Value		Fair Value		Carrying Value		Fair Value
Financial Instruments:
Investment securities:
Investment securities, restricted, long-term	$	—	$	—	$	336	$	336
Cost method investment	$	1,016	$	1,016	$	2,776	$	2,776
Borrowings and Notes Payable
Short-term borrowings, net of discount and deferred loan costs, related party	$	—	$	—	$	12,676	$	12,676
Current portion of notes payable, related parties (1)	$	—	$	—	$	1,837	$	1,457
Long-term portion of notes payable, related parties	$	—	$	—	$	13,512	$	13,273
Highview technology license payable	$	207	$	207	$	519	$	519
Highview technology license payable, long-term	$	—	$	—	$	1,038	$	1,038
Stock appreciation rights, liability-classified equity award	$	—	$	—	$	742	$	742

(1) The fair value related to the DSI business owner note payable amounts as of December 31, 2015 was determined using the settlement agreement amount of $0.3 million, as described in Note 9.

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Financial instruments carried and measured at fair value on a recurring basis are presented in the table below according to the fair value hierarchy described above. There were no financial instruments carried and measured at fair value on a recurring basis as of December 31, 2016.



	As of December 31, 2015
	Fair Value Measurement Using
(in thousands)	Level 1		Level 2		Level 3		Fair Value
Assets:
Investment securities, restricted, long-term	$	—	$	336	$	—	$	336
Total assets at fair value	$	—	$	336	$	—	$	336

Liabilities:
Stock appreciation rights, liability-classified equity award	$	—	$	742	$	—	$	742
Total liabilities at fair value	$	—	$	742	$	—	$	742