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LONG-TERM DEBT AND LINES OF CREDIT (Tables) | 12 Months Ended
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Dec. 31, 2017
Debt Disclosure [Abstract] |
Schedule of Debt | As of December 31, 2017 and 2016, long-term debt consisted of the following:
| 2017 |  | 2016
| (in thousands)
Credit Facility: |  |  |
Term loans (face amounts of $3,932,677 and $3,728,857 at December 31, 2017 and 2016, respectively, less unamortized debt issuance costs of $37,961 and $46,282 at December 31, 2017 and 2016, respectively) | $ | 3,894,716 |  |  | $ | 3,682,575 |
Revolving Credit Facility | 765,000 |  |  | 756,000 |
Capital lease obligations | — |  |  | 37 |
Total long-term debt | 4,659,716 |  |  | 4,438,612 |
Less current portion of Credit Facility (face amounts of $108,979 and $187,274 at December 31, 2017 and 2016, respectively, less unamortized debt issuance costs of $8,671 and $9,526 at December 31, 2017 and 2016, respectively) and current portion of capital lease obligations of $37 at December 31, 2016 | 100,308 |  |  | 177,785 |
Long-term debt, excluding current portion | $ | 4,559,408 |  |  | $ | 4,260,827 |
Schedule of Maturities of Long-Term Debt | Maturity requirements on long-term debt as of December 31, 2017 by year are as follows (in thousands):
Years ending December 31, |
2018 | $ | 108,979 |
2019 | 141,912 |
2020 | 161,144 |
2021 | 180,376 |
2022 | 3,021,391 |
2023 and thereafter | 1,083,875 |
Total | $ | 4,697,677 |
Schedule of Derivative Instruments | The table below presents the fair values of our derivative financial instruments designated as cash flow hedges included in the consolidated balance sheets:
|  |  |  | Weighted-Average Fixed Rate of Interest at |  | Range of Maturity Dates at |  | December 31,
Derivative Financial Instruments |  | Balance Sheet Location |  | December 31, 2017 |  | December 31, 2017 |  | 2017 |  | 2016
|  |  |  |  |  |  |  | (in thousands)
Interest rate swaps (Notional of $1,300 and $250 million at December 31, 2017 and 2016, respectively) |  | Other noncurrent assets |  | 1.59% |  | February 28, 2019 - March 31, 2021 |  | $ | 9,202 |  |  | $ | 2,147 |
Interest rate swaps (Notional of $0 million and $750 million at December 31, 2017 and 2016, respectively) |  | Accounts payable and accrued liabilities |  | NA |  | NA |  | $ | — |  |  | $ | 3,175 |
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) | The table below presents the effects of our interest rate swaps on the consolidated statements of income and comprehensive income for the periods presented:
| Year Ended December 31, |  | Seven Months Ended December 31, |  | Year Ended May 31,
| 2017 |  | 2016 |  | 2016 |  | 2015
| (in thousands)
Amount of net unrealized gain (loss) recognized in other comprehensive income | $ | 4,549 |  |  | $ | 5,532 |  |  | $ | (12,859 | ) |  | $ | (10,116 | )
Amount of net losses reclassified out of other comprehensive income to interest expense | $ | 5,673 |  |  | $ | 4,222 |  |  | $ | 8,240 |  |  | $ | 3,958 |

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