Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Fair value measurements (Tables)

v3.19.3.a.u2
Fair value measurements (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of financial assets and liabilities measured at fair value on recurring basis
The following tables present our financial assets and liabilities that we measured at fair value on a recurring basis by level within the fair value hierarchy as of December 31, 2019 and 2018:
 
December 31, 2019
 
Total
 
Level 1
 
Level 2
 
Level 3
Assets
 
 
 
 
 
 
 
Derivative assets
$
11,664

 
$

 
$
11,664

 
$

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Derivative liabilities
$
97,066

 
$

 
$
97,066

 
$

 
December 31, 2018
 
Total
 
Level 1
 
Level 2
 
Level 3
Assets
 
 
 
 
 
 
 
Derivative assets
$
69,105

 
$

 
$
69,105

 
$

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Derivative liabilities
$
29,321

 
$

 
$
29,321

 
$


Schedule of carrying amounts and fair values of most significant financial instruments The carrying amounts and fair values of our most significant financial instruments as of December 31, 2019 and 2018 were as follows:
 
December 31, 2019
 
Carrying value
 
Fair value
 
Level 1
 
Level 2
 
Level 3
Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
1,121,396

 
$
1,121,396

 
$
1,121,396

 
$

 
$

Restricted cash
178,951

 
178,951

 
178,951

 

 

Derivative assets
11,664

 
11,664

 

 
11,664

 

 
$
1,312,011

 
$
1,312,011

 
$
1,300,347

 
$
11,664

 
$

Liabilities
 

 
 

 
 

 
 

 
 

Debt
$
29,624,266

(a)
$
30,219,588

 
$

 
$
30,219,588

 
$

Derivative liabilities
97,066

 
97,066

 

 
97,066

 

 
$
29,721,332

 
$
30,316,654

 
$

 
$
30,316,654

 
$

 
(a)
Excludes debt issuance costs, debt discounts and debt premium.
 
December 31, 2018
 
Carrying value
 
Fair value
 
Level 1
 
Level 2
 
Level 3
Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
1,204,018

 
$
1,204,018

 
$
1,204,018

 
$

 
$

Restricted cash
211,017

 
211,017

 
211,017

 

 

Derivative assets
69,105

 
69,105

 

 
69,105

 

 
$
1,484,140

 
$
1,484,140

 
$
1,415,035

 
$
69,105

 
$

Liabilities
 

 
 

 
 

 
 

 
 

Debt
$
29,668,203

(a)
$
29,031,153

 
$

 
$
29,031,153

 
$

Derivative liabilities
29,321

 
29,321

 

 
29,321

 

 
$
29,697,524

 
$
29,060,474

 
$

 
$
29,060,474

 
$

 
(a)
Excludes debt issuance costs, debt discounts and debt premium.