Table:
|  | Fair value | Carrying value | Face value |
| --- | --- | --- | --- |
| 5.5% convertible senior notes due December 15, 2021: |  |  |  |
| Balance as of December 31, 2019 |  |  |  |
| Related party | $6,727 | $8,864 | $10,000 |
| Others | 65,257 | 84,648 | 97,000 |
|  | $71,984 | $93,512 | $107,000 |
| Balance as of December 31, 2018 |  |  |  |
| Related party | $5,879 | $8,378 | $10,000 |
| Others | 57,031 | 79,433 | 97,000 |
|  | $62,910 | $87,811 | $107,000 |
Paragraphs:
Fair Value of Convertible Notes held at amortized cost
As of December 31, 2019 and 2018, the fair value and carrying value of the Company's Convertible Notes were:
The fair value shown above represents the fair value of the debt instrument, inclusive of both the debt and equity components, but excluding the derivative liability. The carrying value represents only the carrying value of the debt component.
The fair value of the Convertible Notes was determined by using unobservable inputs that are supported by minimal non-active market activity and that are significant to determining the fair value of the debt instrument. The fair value is level 3 in the fair value hierarchy.
(Dollars in thousands, except per share amounts)
Question:
What is the percentage change in the fair value of related party 5.5% convertible senior notes due December 15, 2021 between 2018 and 2019?
Answer: (6727 - 5879)/5879  = 14.42