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LONG-TERM DEBT AND LINES OF CREDIT (Tables) | 3 Months Ended
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Mar. 31, 2019
Debt Disclosure [Abstract] |
Schedule of Outstanding Debt | As of March 31, 2019 and December 31, 2018, long-term debt consisted of the following:
| March 31, 2019 |  | December 31, 2018
| (in thousands)
Credit Facility: |  |  |
Term loans (face amounts of $4,441,578 and $4,463,643 at March 31, 2019 and December 31, 2018, respectively, less unamortized debt issuance costs of $35,182 and $37,400 at March 31, 2019 and December 31, 2018, respectively) | $ | 4,406,396 |  |  | $ | 4,426,243 |
Revolving Credit Facility | 897,000 |  |  | 704,000 |
Total long-term debt | 5,303,396 |  |  | 5,130,243 |
Less current portion of Credit Facility (face amounts of $142,044 and $124,176 at March 31, 2019 and December 31, 2018, respectively, less unamortized debt issuance costs of $9,086 and $9,101 at March 31, 2019 and December 31, 2018, respectively, and the current portion of capital lease obligations of $62) | 133,019 |  |  | 115,075 |
Long-term debt, excluding current portion | $ | 5,170,377 |  |  | $ | 5,015,168 |
Schedule of Maturities of Long-Term Debt | Maturity requirements on long-term debt as of March 31, 2019 by year are as follows (in thousands):
Year ending December 31, |
2019 | $ | 102,111 |
2020 | 159,979 |
2021 | 195,848 |
2022 | 267,587 |
2023 | 4,138,053 |
2024 and thereafter | 475,000 |
Total | $ | 5,338,578 |
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:
|  |  |  |  |  |  |  | Fair Values
Derivative Financial Instruments |  | Balance Sheet Location |  | Weighted-Average Fixed Rate of Interest at March 31, 2019 |  | Range of Maturity Dates at March 31, 2019 |  | March 31, 2019 |  | December 31, 2018
|  |  |  |  |  |  |  | (in thousands)
Interest rate swaps (Notional of $250 million at March 31, 2019 and $750 million at December 31, 2018) |  | Prepaid expenses and other current assets |  | 1.58% |  | December 31, 2019 |  | $ | 1,602 |  |  | $ | 3,200 |
Interest rate swaps (Notional of $550 million at March 31, 2019 and December 31, 2018) |  | Other noncurrent assets |  | 1.65% |  | July 31, 2020 - March 31, 2021 |  | $ | 5,248 |  |  | $ | 8,256 |
Interest rate swaps (Notional of $1,250 million at March 31, 2019 and $950 million at December 31, 2018) |  | Accounts payable and accrued liabilities |  | 2.73% |  | December 31, 2022 |  | $ | 26,333 |  |  | $ | 14,601 |
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, 2019 and 2018:
| Three Months Ended
| March 31, 2019 |  | March 31, 2018
| (in thousands)
Amount of net unrealized (losses) gains recognized in other comprehensive income (loss) | $ | (14,509 | ) |  | $ | 7,682 |
Amount of net unrealized gains reclassified out of other comprehensive income (loss) to interest expense | $ | (1,830 | ) |  | $ | (169 | )

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