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LONG-TERM DEBT AND LINES OF CREDIT (Tables)
 3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt
As of March 31, 2018 and December 31, 2017, long-term debt consisted of the following:
 
March 31, 2018
 
December 31, 2017
 
 
 
 
 
(in thousands)
 
 
 
 
Credit Facility:
 
 
 
Term loans (face amounts of $3,908,857 and $3,932,677 at March 31, 2018 and December 31, 2017, respectively, less unamortized debt issuance costs of $34,527 and $37,961 at March 31, 2018 and December 31, 2017, respectively)
$
3,874,330

 
$
3,894,716

Revolving Credit Facility
410,000

 
765,000

Total long-term debt
4,284,330

 
4,659,716

Less current portion of Credit Facility (face amounts of $115,829 and $108,979 at March 31, 2018 and December 31, 2017, respectively, less unamortized debt issuance costs of $8,351 and $8,671 at March 31, 2018 and December 31, 2017, respectively)
107,479

 
100,308

Long-term debt, excluding current portion
$
4,176,851

 
$
4,559,408
Schedule of Maturities of Long-Term Debt
Maturity requirements on long-term debt as of March 31, 2018 by year are as follows (in thousands):
Years ending December 31,
 
2018
$
85,160

2019
141,912

2020
161,144

2021
180,376

2022
2,666,390

2023
1,083,875

Total
$
4,318,857
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:
Derivative Financial Instruments
 
Balance Sheet Location
 
Weighted-Average Fixed Rate of Interest at March 30, 2018
 
Range of Maturity Dates
 
March 31, 2018
 
December 31, 2017
 
 
 
 
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps (Notional of $500 million at March 31, 2018)
 
Prepaid expenses and other current assets
 
1.52%
 
February 28, 2019
 
$
2,722

 
$
—

Interest rate swaps (Notional of $800 million at March 31, 2018 and $1,300 million at December 31, 2017)
 
Other noncurrent assets
 
1.63%
 
December 31, 2019 - March 31, 2021
 
$
13,998

 
$
9,202
Schedule of Derivative Instrument 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 three months ended March 31, 2018 and 2017:
 
Three Months Ended
 
March 31, 2018
 
March 31, 2017
 
 
 
 
 
(in thousands)
 
 
 
 
Amount of net unrealized gain recognized in other comprehensive income
$
7,682

 
$
827

Amount of net gains (losses) reclassified out of other comprehensive income to interest expense
$
169

 
$
(1,596
)