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LONG-TERM DEBT AND LINES OF CREDIT (Tables)
 12 Months Ended
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