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Long-term debt (Tables)
6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Long-term Debt
Long-term debt was comprised of the following: 
 
June 30,
2017
 
December 31,
2016
Senior secured credit facilities:
 
 
 
Term Loan A
$
825,000

 
$
862,500

Term Loan B
3,395,000

 
3,412,500

Senior notes
4,500,000

 
4,500,000

Acquisition obligations and other notes payable
139,371

 
117,547

Capital lease obligations
305,643

 
299,682

Total debt principal outstanding
9,165,014

 
9,192,229

Discount and deferred financing costs
(71,877
)
 
(79,861
)
 
9,093,137

 
9,112,368

Less current portion
(182,323
)
 
(165,041
)
 
$
8,910,814

 
$
8,947,327

Scheduled Maturities of Long-term Debt
Scheduled maturities of long-term debt at June 30, 2017 were as follows: 
2017 (remainder of the year)
96,454

2018
172,318

2019
746,464

2020
71,432

2021
3,303,146

2022
1,280,031

Thereafter
3,495,169

Derivative Instruments
The following table summarizes the Company’s derivative instruments as of June 30, 2017 and December 31, 2016
    
 
 
June 30, 2017
 
December 31, 2016
Derivatives designated as hedging instruments
 
Balance sheet location
 
Fair value
 
Balance sheet location
 
Fair value
Interest rate cap agreements
 
Other long-term assets
 
$
1,743

 
Other long-term assets
 
$
9,929

Effects of Interest Rate Swap and Cap Agreements
The following table summarizes the effects of the Company’s interest rate cap and swap agreements for the three and six months ended June 30, 2017 and 2016:
 
Amount of losses
recognized in OCI on interest
rate cap and swap agreements
 
Location of losses reclassified from accumulated OCI into income
 
Amount of losses
reclassified from
accumulated OCI into income
 
Three months ended
June 30,
 
Six months ended
June 30,
 
 
Three months ended
June 30,
 
Six months ended
June 30,
Derivatives designated as cash flow hedges
2017
 
2016
 
2017
 
2016
 
 
2017
 
2016
 
2017
 
2016
Interest rate swap
agreements
$

 
$
(168
)
 
$

 
$
(860
)
 
Debt expense
 
$

 
$
123

 
$

 
$
274

Interest rate cap
agreements
(2,969
)
 
(4,115
)
 
(8,186
)
 
(12,374
)
 
Debt expense
 
2,070

 
610

 
4,139

 
1,220

Tax benefit
1,154

 
1,667

 
3,184

 
5,149

 
Tax expense
 
(805
)
 
(285
)
 
(1,610
)
 
(581
)
Total
$
(1,815
)
 
$
(2,616
)
 
$
(5,002
)
 
$
(8,085
)
 
 
 
$
1,265

 
$
448

 
$
2,529

 
$
913