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Long-term debt (Tables) | 6 Months Ended
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Jun. 30, 2016
Debt Disclosure [Abstract] |
Long-term Debt | Long-term debt was comprised of the following:
|  | June 30, |  |  | December 31, |
|  | 2016 |  |  | 2015 |
Senior Secured Credit Facilities: |  |  |  |  |  |  |  |
Term Loan A |  | $ | 900,000 |  |  | $ | 925,000 |
Term Loan B |  |  | 3,430,000 |  |  |  | 3,447,500 |
Senior notes |  |  | 4,500,000 |  |  |  | 4,500,000 |
Acquisition obligations and other notes payable |  |  | 71,515 |  |  |  | 70,645 |
Capital lease obligations |  |  | 287,838 |  |  |  | 283,185 |
Total debt principal outstanding |  |  | 9,189,353 |  |  |  | 9,226,330 |
Discount and deferred financing costs |  |  | (87,913 | ) |  |  | (95,985 | )
|  |  | 9,101,440 |  |  |  | 9,130,345 |
Less current portion |  |  | (144,183 | ) |  |  | (129,037 | )
|  | $ | 8,957,257 |  |  | $ | 9,001,308 |
Scheduled Maturities of Long-term Debt | Scheduled maturities of long-term debt at June 30, 2016 were as follows:
2016 (remainder of the year) |  |  | 76,295 |
2017 |  |  | 153,660 |
2018 |  |  | 169,716 |
2019 |  |  | 742,290 |
2020 |  |  | 66,640 |
2021 |  |  | 3,298,210 |
Thereafter |  |  | 4,682,542 |
Derivative Instruments | The following table summarizes the Company’s derivative instruments as of June 30, 2016 and December 31, 2015:
|  | June 30, 2016 |  |  | December 31, 2015 |
Derivatives designated as hedging instruments |  | Balance sheet location |  | Fair value |  |  | Balance sheet location |  | Fair value |
Interest rate swap agreements |  | Other short-term liabilities |  | $ | 70 |  |  | Other short-term assets |  | $ | 516 |
Interest rate cap agreements |  | Other long-term assets |  | $ | 2,753 |  |  | Other long-term assets |  | $ | 15,127 |
Effects of Interest Rate Swap and Cap Agreements | The following table summarizes the effects of the Company’s interest rate swap and cap agreements for the three and six months ended June 30, 2016 and 2015:
|  | Amount of (losses) gains |  |  |  |  | Amount of (losses) gains |
|  | recognized in OCI on interest |  |  |  |  | reclassified from |
|  | rate swap and cap agreements |  |  | Location of |  | accumulated OCI into income |
|  | Three months ended |  |  | Six months ended |  |  | losses reclassified |  | Three months ended |  |  | Six months ended |
|  | June 30, |  |  | June 30, |  |  | from accumulated |  | June 30, |  |  | June 30, |
Derivatives designated as cash flow hedges |  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |  |  | OCI into income |  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Interest rate swap agreements |  | $ | (168 | ) |  | $ | (976 | ) |  | $ | (860 | ) |  | $ | (3,670 | ) |  | Debt expense |  | $ | (123 | ) |  | $ | (684 | ) |  | $ | (274 | ) |  | $ | (1,406 | )
Interest rate cap agreements |  |  | (4,115 | ) |  |  | (3,049 | ) |  |  | (12,374 | ) |  |  | (9,806 | ) |  | Debt expense |  |  | (610 | ) |  |  | (610 | ) |  |  | (1,220 | ) |  |  | (1,220 | )
Tax benefit |  |  | 1,667 |  |  |  | 1,572 |  |  |  | 5,149 |  |  |  | 5,263 |  |  |  |  |  | 285 |  |  |  | 505 |  |  |  | 581 |  |  |  | 1,025 |
Total |  | $ | (2,616 | ) |  | $ | (2,453 | ) |  | $ | (8,085 | ) |  | $ | (8,213 | ) |  |  |  | $ | (448 | ) |  | $ | (789 | ) |  | $ | (913 | ) |  | $ | (1,601 | )

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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