XML 69 R56.htm IDEA: XBRL DOCUMENT v3.22.0.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair value  
Summary of assets and liabilities measured at fair value on recurring basis

December 31, 

(in thousands)

2021

2020

Derivative liabilities

$

1,250

$

6,337

Schedule of carrying value and estimated fair value of debt instruments

December 31, 

(in thousands)

2021

2020

Carrying amount of fixed rate debt (1)

$

1,296,325

$

1,295,867

Fair value of fixed rate debt

 

1,361,000

 

1,371,000

(1)Carrying amounts are shown net of unamortized debt premium and deferred financing costs. See Note 14 (“Long-Term Debt”).
Compressors  
Fair value  
Schedule of non-recurring fair value assets

December 31, 

(in thousands)

    

2021

    

2020

Impaired compressors

$

4,380

$

19,046

Schedule of significant unobservable inputs

    

Range

       

   Weighted Average (1)

Estimated net sale proceeds:

As of December 31, 2021

$0 - $621 per horsepower

$35 per horsepower

As of December 31, 2020

$0 - $289 per horsepower

$20 per horsepower

(1)Calculated based on an estimated discount for market liquidity of 64% and 81% as of December 31, 2021 and 2020, respectively.