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Long-term Debt and Derivatives (Tables) | 12 Months Ended
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Dec. 31, 2013
Long-term Debt and Derivatives |
Schedule of long-term debt, net of current maturities |
December 31, |  | 2013 |  | 2012 |
--- | --- | --- | --- | --- | ---
|  | (in thousands) |
Senior secured credit facility |  | $ | 750,000 |  | $ | 2,394,963 |
$325 million 83/4% senior subordinated notes due August 2019 |  |  | — |  |  | 325,000 |
$300 million 5.875% senior unsecured notes due November 1, 2021 |  |  | 300,000 |  |  | — |
Other long-term obligations |  |  | — |  |  | 10,000 |
Capital leases |  |  | 2,015 |  |  | 2,111 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  | 1,052,015 |  |  | 2,732,074 |
Less current maturities of long-term debt |  |  | (27,598 | ) |  | (81,497 | )
Less discount on senior secured credit facility Term Loan B |  |  | (1,223 | ) |  | (1,504 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  | $ | 1,023,194 |  | $ | 2,649,073 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Schedule of future minimum repayments of long-term debt | The following is a schedule of future minimum repayments of long-term debt as of December 31, 2013 (in thousands):
2014 |  | $ | 27,598 |
2015 |  |  | 27,605 |
2016 |  |  | 40,114 |
2017 |  |  | 52,623 |
2018 |  |  | 365,133 |
Thereafter |  |  | 538,942 |
​ | ​ | ​ | ​ | ​
Total minimum payments |  | $ | 1,052,015 |
​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​
Schedule of effect of derivative instruments on the consolidated statement of operations | The effect of derivative instruments on the consolidated statement of operations for the year ended December 31, 2011 was as follows (in thousands):
Derivatives in a Cash Flow Hedging Relationship |  | Gain (Loss) Recognized in OCI on Derivative (Effective Portion) |  | Location of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |  | Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |  | Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion) |  | Gain (Loss) Recognized in Income on Derivative (Ineffective Portion) |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Interest rate swap contracts |  | $ | (672 | ) | Interest expense |  | $ | (8,173 | ) | None |  | $ | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total |  | $ | (672 | ) |  |  | $ | (8,173 | ) |  |  | $ | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Derivatives Not Designated as Hedging Instruments |  | Location of Gain (Loss) Recognized in Income on Derivative |  | Gain (Loss) Recognized in Income on Derivative |
--- | --- | --- | --- | --- | ---
Interest rate swap contracts |  | Interest expense |  | $ | (10 | )
​ | ​ | ​ | ​ | ​ | ​ | ​
Total |  |  |  | $ | (10 | )
​ | ​ | ​ | ​ | ​ | ​ | ​
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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 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 2: 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=6584090&loc=d3e28878-108400 Reference 3: 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=6451184&loc=d3e28551-108399 Reference 4: 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=6451184&loc=d3e28541-108399 Reference 5: 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 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 7: 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 8: 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 9: 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 Reference 10: 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 11: 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 + Details
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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + 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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