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Note 6 - Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2017

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

		Value of Items Recorded at Fair Value
		As of March 31, 2017
(in thousands)		Level 1				Level 2				Level 3				Total
Assets:
Embedded customer derivative		$	-			$	46			$	-			$	46
Total assets at fair value		$	-			$	46			$	-			$	46

Liabilities:
Metals swaps		$	-			$	46			$	-			$	46
Interest rate swap (CTI)			-				23				-				23
Total liabilities recorded at fair value		$	-			$	69			$	-			$	69

		Value of Items Recorded at Fair Value
		As of December 31, 2016
(in thousands)		Level 1				Level 2				Level 3				Total
Assets:
Embedded customer derivative		$	-			$	113			$	-			$	113
Total assets at fair value		$	-			$	113			$	-			$	113

Liabilities:
Metals swaps		$	-			$	113			$	-			$	113
Interest rate swap (CTI)			-				36				-				36
Total liabilities recorded at fair value		$	-			$	149			$	-			$	149

Fair Value, by Balance Sheet Grouping [Table Text Block]

		Value of Items Not Recorded at Fair Value
		As of March 31, 2017
(in thousands)		Level 1				Level 2				Level 3				Total
Liabilities:
IRB		$	1,825			$	-			$	-			$	1,825
Revolver			-				192,971				-				192,971
Total liabilities not recorded at fair value		$	1,825			$	192,971			$	-			$	194,796

		Value of Items Not Recorded at Fair Value
		As of December 31, 2016
(in thousands)		Level 1				Level 2				Level 3				Total
Liabilities:
IRB		$	1,825			$	-			$	-			$	1,825
Revolver			-				164,599				-				164,599
Total liabilities not recorded at fair value		$	1,825			$	164,599			$	-			$	166,424