XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.19.1

Fair Value of Financial Instruments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2019
Fair Value Disclosures [Abstract] |
Summary of Changes in Fair Value of Company's Earn-Out Liability | The following table presents a summary of changes in fair value of the Company's earn-out liabilities during the period:
| MUSA-Stainless |  | MUSA-Galvanized |  | ASTI |  | Total
Balance at December 31, 2018 | $ | 4,251,584 |  |  | $ | 3,357,800 |  |  | $ | — |  |  | $ | 7,609,384 |
Fair value of the earn-out liability associated with the American Stainless acquisition | — |  |  | — |  |  | 6,148,230 |  |  | 6,148,230 |
Earn-out payments during the period | (370,289 | ) |  | (190,473 | ) |  | — |  |  | (560,762 | )
Changes in fair value during the period | 343,710 |  |  | (392,958 | ) |  | 65,771 |  |  | 16,523 |
Balance at March 31, 2019 | $ | 4,225,005 |  |  | $ | 2,774,369 |  |  | $ | 6,214,001 |  |  | $ | 13,213,375 |

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19279-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration