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Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2016
Fair Value, Inputs, Level 1 |
Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis | The following tables present certain information for the financial liabilities that are disclosed at fair value on a recurring basis at June 30, 2016 and December 31, 2015:
| Level 1 |  | Level 1
| June 30, 2016 |  | December 31, 2015
| Carrying Amount |  | Fair Value |  | Carrying Amount |  | Fair Value
Liabilities: |  |  |  |  |  |  |  |  |  |  |
6.50% Senior Notes due 2024 | $ | 900,000 |  |  | $ | 895,500 |  |  | $ | — |  |  | $ | — |
6.75% Senior Notes due 2020 | — |  |  | — |  |  | 740,838 |  |  | 765,319 |
Fair Value, Inputs, Level 3 |
Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis | The following table presents changes in deferred acquisition consideration:
| Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
| June 30, |  | December 31,
| 2016 |  | 2015
Beginning Balance of contingent payments | $ | 306,734 |  |  | $ | 172,227 |
Payments (1) | (81,702 | ) |  | (77,301 | )
Additions (2) | 514 |  |  | 174,530 |
Redemption value adjustments (3) | 8,880 |  |  | 41,636 |
Other (4) | (6,412 | ) |  | — |
Foreign translation adjustment | 1,813 |  |  | (4,358 | )
Ending Balance of contingent payments | $ | 229,827 |  |  | $ | 306,734 |
(1) | For the six months ended June 30, 2016, payments include $5,585 of deferred acquisition consideration settled through the issuance of 237,013 MDC Class A subordinate voting shares in lieu of cash.
(2) | Additions are the initial estimated deferred acquisition payments of new acquisitions and step-up transactions completed within that fiscal period.
(3) | Redemption value adjustments are fair value changes from the Company’s initial estimates of deferred acquisition payments, including the accretion of present value and stock-based compensation charges relating to acquisition payments that are tied to continued employment.

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- Definition 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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