Tellurian Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

6 Months Ended

Dec. 31, 2016

Schedule of recurring assets and liabilities

The following table presents items required to be measured at fair value on a recurring basis as of the periods presented:



	December 31, 2016
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Securities available-for-sale	$	1,542	$	—	$	—	$	1,542

Liabilities:
Contingent consideration payable ⁽¹⁾	$	—	$	—	$	—	$	—

	June 30, 2016
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Securities available-for-sale	$	601	$	—	$	—	$	601

Liabilities:
Contingent consideration payable ⁽¹⁾	$	—	$	—	$	—	$	—

⁽¹⁾ See Note 17 - Commitments and Contingencies below for additional information about this item.

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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