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Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis

The following tables show the fair values of certain of our financial instruments:

	December 31, 2018
(In thousands)	Balance				Level 1				Level 2				Level 3
Assets
Cash and cash equivalents	$	249,417			$	249,417			$	—			$	—
Restricted cash	23,785				23,785				—				—
Investment available for sale	15,772				—				—				15,772
Liabilities
Contingent payments	$	2,407			$	—			$	—			$	2,407

	December 31, 2017
(In thousands)	Balance				Level 1				Level 2				Level 3
Assets
Cash and cash equivalents	$	203,104			$	203,104			$	—			$	—
Restricted cash	24,175				24,175				—				—
Investment available for sale	17,752				—				—				17,752
Liabilities
Contingent payments	$	2,887			$	—			$	—			$	2,887

Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Level 3 Inputs

The following tables summarize the changes in fair value of the Company’s Level 3 assets and liabilities:

	December 31, 2018
	Assets				Liabilities
(In thousands)	Investment Available for Sale				Contingent Payments
Balance at January 1, 2018	$	17,752			$	(2,887	)
Total gains (losses) (realized or unrealized):
Included in interest income (expense)	144				(249		)
Included in other comprehensive income (loss)	(1,649		)		—
Included in other items, net	—				(110		)
Purchases, sales, issuances and settlements:
Settlements	(475		)		839
Balance at December 31, 2018	$	15,772			$	(2,407	)

	December 31, 2017
	Assets				Liabilities
(In thousands)	Investment Available for Sale				Contingent Payments
Balance at January 1, 2017	$	17,259			$	(3,038	)
Total gains (losses) (realized or unrealized):
Included in interest income (expense)	138				(335		)
Included in other comprehensive income (loss)	795				—
Included in other items, net	—				(333		)
Purchases, sales, issuances and settlements:
Settlements	(440		)		819
Balance at December 31, 2017	$	17,752			$	(2,887	)

Fair Value, Assets Measured on Recurring and Nonrecurring Basis

The following tables provide the fair value measurement information about our obligation under minimum assessment agreements and other financial instruments:

	December 31, 2018
(In thousands)	Outstanding Face Amount				Carrying Value				Estimated Fair Value				Fair Value Hierarchy
Liabilities
Obligation under assessment arrangements	$	29,943			$	24,477			$	29,591			Level 3

	December 31, 2017
(In thousands)	Outstanding Face Amount				Carrying Value				Estimated Fair Value				Fair Value Hierarchy
Liabilities
Obligation under assessment arrangements	$	31,729			$	25,602			$	26,999			Level 3

Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis

The following tables provide the fair value measurement information about our long-term debt:

	December 31, 2018
(In thousands)	Outstanding Face Amount				Carrying Value				Estimated Fair Value				Fair Value Hierarchy
Credit Facility	$	1,771,330			$	1,748,529			$	1,720,654			Level 2
6.875% Senior Notes due 2023	750,000				742,299				757,500				Level 1
6.375% Senior Notes due 2026	750,000				740,406				724,688				Level 1
6.000% Senior Notes due 2026	700,000				689,361				657,125				Level 1
Other	58,705				58,705				58,705				Level 3
Total debt	$	4,030,035			$	3,979,300			$	3,918,672

	December 31, 2017
(In thousands)	Outstanding Face Amount				Carrying Value				Estimated Fair Value				Fair Value Hierarchy
Credit Facility	$	1,621,054			$	1,595,703			$	1,625,178			Level 2
6.875% Senior Notes due 2023	750,000				740,545				798,750				Level 1
6.375% Senior Notes due 2026	750,000				739,128				810,000				Level 1
Other	504				504				504				Level 3
Total debt	$	3,121,558			$	3,075,880			$	3,234,432

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- Definition

Tabular disclosure of assets measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2.

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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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Tabular disclosure of liabilities measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2.

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Tabular disclosure of financial instrument classified as a derivative asset (liability) after deduction of derivative liability (asset) using recurring unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.

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