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Long-term debt (Tables)
6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Long-term Debt
Long-term debt was comprised of the following: 
 
June 30,
2018
 
December 31,
2017
Senior secured credit facilities:
 
 
 
Term Loan A
$
725,000

 
$
775,000

Term Loan A-2
952,000

 

Term Loan B
3,360,000

 
3,377,500

Revolver

 
300,000

Senior notes
4,500,000

 
4,500,000

Acquisition obligations and other notes payable
172,692

 
150,512

Capital lease obligations
292,296

 
297,170

Total debt principal outstanding
10,001,988

 
9,400,182

Discount and deferred financing costs
(57,901
)
 
(63,951
)
 
9,944,087

 
9,336,231

Less current portion
(1,768,514
)
 
(178,213
)
 
$
8,175,573

 
$
9,158,018

Scheduled Maturities of Long-term Debt
Scheduled maturities of long-term debt at June 30, 2018 were as follows: 
2018 (remainder of the year)
95,011

2019
1,712,246

2020
74,792

2021
3,311,046

2022
1,287,741

2023
162,580

Thereafter
3,358,572

Derivative Instruments
The following table summarizes the Company’s derivative instruments outstanding as of June 30, 2018 and December 31, 2017
 
 
June 30, 2018
 
December 31, 2017
Derivatives designated as hedging instruments
 
Balance sheet location
 
Fair value
 
Balance sheet location
 
Fair value
Interest rate cap agreements
 
Other long-term assets
 
$
2,085

 
Other long-term assets
 
$
1,032

Effects of Interest Rate Swap and Cap Agreements
The following table summarizes the effects of the Company’s interest rate cap agreements for the three and six months ended June 30, 2018 and 2017:
 
Amount of unrecognized gains (losses) in OCI on interest rate cap 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
2018
 
2017
 
2018
 
2017
 
 
2018
 
2017
 
2018
 
2017
Interest rate cap
agreements
$
(361
)
 
$
(2,969
)
 
$
1,053

 
$
(8,186
)
 
Debt expense
 
$
2,070

 
$
2,070

 
$
4,140

 
$
4,139

Tax benefit
(expense)
93

 
1,154

 
(271
)
 
3,184

 
Tax expense
 
(533
)
 
(805
)
 
(1,066
)
 
(1,610
)
Total
$
(268
)
 
$
(1,815
)
 
$
782

 
$
(5,002
)
 
 
 
$
1,537

 
$
1,265

 
$
3,074

 
$
2,529