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Fair Value Measurements
 12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Fair Value Measurements

NOTE 21—FAIR VALUE MEASUREMENTS

 

Financial items measured at fair value are classified in the table below in accordance with the hierarchy established in applicable accounting principles.

 

    As at December 31, 2016  
    Level 1     Level 2     Level 3     Total  
Escrow deposits – continuing operations   $ 579       —       —     $ 579  
Escrow deposits – discontinued operations     100       —       —       100  
Total   $ 679     $ —     $ —     $ 679  

 

    As at December 31, 2015  
    Level 1     Level 2     Level 3     Total  
Restricted deposits – current   $ 2,172       —       —     $ 2,172  
Restricted deposits –non-current     2,951       —       —       2,951  
Derivative liabilities     (4 )     —       —       (4 )
Total   $ 5,119     $ —     $ —     $ 5,119  

 

Escrow deposits – continuing operations relate to escrow requirements from the DSIT Transaction (see Note 3).

 

Restricted deposits (both current and non-current) and derivative liabilities at December 31, 2015 were all related to DSIT. Following the closing of the DSIT Transaction (see Note 3), the Company no longer consolidates the results of DSIT, but rather reports its investment in DSIT using the equity method. Accordingly, the Company eliminated these financial items as part of the deconsolidation of DSIT.

 

See Note 3 for the determination of the fair value of the Company’s equity investment in DSIT.